Forecasts: Corruption and Lack of Serious Reforms Will Keep

Forecasts: Corruption and Lack of Serious Reforms Will Keep Bulgaria Outside the Euro Area at least until 2026 - Novinite.com


Several weeks before the parliamentary elections, leading institutes and international organizations presented their forecasts for
Bulgaria in 2021 and the next few years, containing - at best - very low expectations for any serious reforms and the fight against corruption.
 The IMF, the OECD, the Economist Intelligence Unit and the large marketing group IHS described the country's macroeconomic indicators in the first year of the pandemic, the government's fiscal stimulus and benefits such as a stable currency, restrained fiscal policy and free trade.
But some have warned that some measures popular with those in power - especially public sector wage increases and pensions, as well as public procurement procedures - will then need a complete overhaul.

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