site.btaKiril Petkov: Criticism against Cabinet's Financial Policy Must End after S&P Global Ratings Raised Bulgaria's Rating Outlook
The criticism against the Government's financial policy must end after the international rating agency S&P Global Ratings raised Bulgaria's rating outlook to positive from stable, said Continue the Change-Democratic Bulgaria co-leader Kiril Petkov on Facebook Saturday. Bulgaria received S&P's highest assessment, since the agency started reviewing this country, he said, adding that this is a reason for the criticism against the Government's financial policy to stop.
Despite an ageing workforce, Bulgaria's economy has strong prospects for real growth, with an average rate of 3% over the period 2024-2026, driven mainly by domestic demand. Consumption will remain strong due to the good performance of the labour market, which supports real wage growth, the international rating agency said.
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