International Monetary Fund

Jean-Francois Dauphin, the head of the International Monetary Fund (IMF) mission in Bulgaria, has expressed confidence that Bulgaria's accession to the Eurozone by 2025 is a realistic goal. The IMF's assessment comes as part of its regular evaluation of Bulgaria's economic performance, which forecasts a 2.7 percent growth rate for the country's economy this year.

The International Monetary Fund (IMF) has wrapped up its regular mission in Bulgaria, led by Jean-Francois Dauphin, following consultations with Bulgarian authorities on macroeconomic indicators and financial policies.

The World Bank is planning to give Egypt more than $6 billion in financial assistance over the next three years to help it meet its development priorities, the Washington-based lender has announced 

"Over the coming three years, the World Bank Group intends to provide more than $6 billion of support to Egypt," the development lender said in a statement.

Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September, according to Finance Minister Asen Vassilev. Speaking at a conference focused on the currency union, Vassilev expressed confidence in Bulgaria's ability to fulfill the necessary criteria within the specified timeframe.

BELGRADE - A plenary meeting at the National Bank of Serbia (NBS) on Thursday marked the start of official talks between Serbian representatives and an International Monetary Fund (IMF) mission.

The Serbian delegation is led by NBS Governor Jorgovanka Tabakovic, who is also Serbia's governor to the IMF, the central bank said in a statement.

BELGRADE - An International Monetary Fund (IMF) mission will visit to Serbia on Thursday for a third review under an arrangement Serbia has with the international financial institution, with the first meeting to be held at the National Bank of Serbia (NBS).

The IMF delegation will be headed by Mission head Donal McGettigan.

Speaking at a briefing in Sofia, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), expressed optimism about Bulgaria's potential entry into the Eurozone by 2025.

BELGRADE - National Bank of Serbia (NBS) gross FX reserves amounted to 25,031.4 mln euros at end-February 2024, almost unchanged from a month earlier, the central bank said on Monday.

President Rumen Radev engaged in a substantial dialogue with the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, addressing pressing global economic issues with regional and national implications. The meeting, held at Dondukov 2, was initiated by Georgieva, underscoring the importance of the discussions held.

The growth rate of the Greek economy was set at 2% during 2023, well below government estimates (2.4%) and those of the IMF (2.5%), OECD (2.4%), the European Commission and IOBE (2.2%).