Ukrainian financial crisis

The International Monetary Fund on April 19 downgraded the outlook for the world economy this year and next, blaming Russia's war in Ukraine for disrupting global commerce, pushing up oil prices, threatening food supplies and increasing uncertainty already heightened by the coronavirus and its variants.

The International Monetary Fund (IMF) said on Jan. 25 that it expects Turkey's economy to expand by around 6% in 2021 with the country's COVID-19 vaccine rollout and recovery in trading partner growth.  

WASHINGTON - Serbia would have a 0.5 percent drop in economic activity this year, and a growth of one percent next year, according to the International Monetary Fund's (IMF) autumn forecasts.

The International Monetary Fund (IMF) has lowered its forecast for Bulgaria's economic growth in 2014-2015, while expecting zero inflation this year.

Registered unemployment rate nearly 30 percent

BELGRADE -- The number of the unemployed in Serbia totaled 778,577 people on May 31 this year, putting the registered jobless rate at 29.53 percent.

This is according to the date of the National Employment Service.

The Turkish current account deficit continued to decrease in May, raising the total five-month contraction to over 38 percent, but deteriorating export conditions cast doubts on the sustainability of the recovery in the country’s Achilles’s heel.

Bulgarian economy will see a 1.7% growth in 2014, and 2.4% and 2.8% respectively in the next two years, according the latest report of the World Bank.

The financial organization has lowered its forecast in terms of global economic growth to 2.8 percent for 2014 and 3.4% for next year. This is due to the poorer prospects for the US, Russia and China, Money.bg informs.

Citing tough winter conditions in the U.S. and the Ukrainian crisis, the World Bank has lowered its 2014 growth forecasts for the global economy, also darkening its view on the Turkish economy.

In its biannual Global Economic Prospects report, the World Bank slashed its Turkish growth forecast from 3.5 to 2.4 percent for this year, also trimming 2015 and 2016 estimations.

IMF predicts modest growth, high unemployment

WASHINGTON -- Serbia's economic growth in this year and the next will be modest, while unemployment will continue to be high and inflation stable.