Bulgaria should focus on adopting a budget that will help it enter the eurozone, International Monetary Fund Managing Director Kristalina Georgieva told Nova TV. According to her, the country is on its way to solving the problem of higher inflation. The forecast is for inflation to reach 2.6% in 2025. It is currently 2.8%.

"But if we decide to spend more than we have, a budget deficit would emerge and entry will be postponed. We have postponed it several times already, it is time to tell ourselves that we are bringing this work to the end, as happened with Schengen," Georgieva said. "Be careful, let's be more realistic. Yes, maybe revenues will increase. Let's not forget that we want to increase them with one-time actions, not with a systematic policy far raising revenues," she warned.

Related

Kristalina Georgieva calls for increasing revenues and reducing deficit

Rayna Mandzhukova: "Bulgarians abroad are heroes"

Public Transport Employees in Sofia Protest, Demanding Start of Negotiations for New Collective Labour Agreement

KPI Green Energy Share Price Rises 5% On Bonus Issue Record Date Announcement

Ventive Hospitality IPO: Check GMP, Day Two Subscription Status, Price Band And More

'No, No, No, We're Gonna Do Another, 'Diary of a Madman': Virtuoso Speaks on Nearly Joining Ozzy's Band

President Radev to Confer with Hungarian PM Orban in Sofia

Hungarian Prime Minister Viktor Orban arrives in Bulgaria at the invitation of President Radev

My Eco Christmas Bazaar in Sofia offers products from Bulgarian producers

Russian spies planned to kidnap journalist, trial hears

Draw software Faso of Bulgaria on the keyboard #art #keyboard #tiktok #trending #tiktok

Kitri variation Magdalena Zlateva 9yo Bulgaria