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EN
IMF Calls for Tax Reform, Sofia Stands Firm
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Novinite.com (Sofia News Agency)
The International Monetary Fund has warned that Bulgaria’s budget deficit is set to exceed 3%t of gross domestic product in both 2025 and 2026.
Where traditional fiscal planning unfolds over years, cryptocurrency reserves can, at least on paper, transform a country’s financial position overnight.
For policymakers in Sofia, the lesson is simple: credibility depends not just on numbers but on the ability to deliver outcomes swiftly.
The IMF still expects Bulgaria’s economy to expand by around 3% annually, supported by investment flows and exports.
Beyond taxes and spending, the IMF also pressed Bulgaria to strengthen its financial supervision.
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