Monday, April 8, 2013

Medium-term forecast for the years 2014-2016, the Ministry of Finance.


Medium-term forecast for the years 2014-2016, the Ministry of Finance.


 "There is no risk to revenue shortfalls and budget at this time" - so Kalin Hristov said financial results in February of 04/04/2013, published on the website of the Ministry of Finance.
The "medium-term budgetary forecast for the period 2014-2016 d" But the same official secretary Kalin Hristov argues that in 2013 the growth of GDP will be only 1% by the end of the period the economy will slowly gaining pace.
Previous forecast promised almost twice the GDP growth for the year - 1.9%. There are major changes in the framework of the 2013 budget - Ministry of Finance has reduced revenue targets 400 million lev and by that is felled and the costs of not getting a bigger deficit in the treasury than planned. A three-year forecast to be discussed by the government.
Indeed, after the GERB government has no economic grounds for optimism. Business climate in the country remains hostile, and this combined with political uncertainties, there is no hope for foreign investment and unemployment will not stop growing within this year, which means that the poor will increase.
In 2013, expect an increase in unemployment and a decrease in employment by 2.4%.

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