site.btaUPDATED Finance Ministry Expects GDP Growth to Fall to 1.8% in 2023

Yoanna Vodenova

Finance Ministry Expects GDP Growth to Fall to 1.8% in 2023

Finance Ministry Expects GDP Growth to Fall to 1.8% in 2023

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Sofia,

21.04.2023 19:48 | UPDATED 21.04.2023 20:34

(BTA)

The Finance Ministry's macroeconomic forecast for the 2023-2025 forecast period expects gross domestic product (GDP) growth to fall to 1.8% in 2023, driven by consumption, exports and inventory change. In 2024, GDP growth will accelerate to 3.3%, although it is expected to be 3.2% in 2025.

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