Bulgaria could pay 2 billion euros annually in debt interest by 2028
Bulgaria is facing a serious financial challenge in the coming years. According to economists' forecasts, by 2028, our country will have to set aside about 2 billion euros annually just to pay interest on its foreign debt.
This information was presented by economist Shteryo Nozharov. He explained that the accumulation of debt and changes in the economic environment are leading to higher costs for the state budget. These funds are necessary to service the loans that the state has taken out over the years.
Experts note that such expenses could limit opportunities for investment in other important sectors. When a large portion of the budget goes toward interest, less money remains for social activities, education, healthcare, or infrastructure projects.
The country's financial stability depends on how public finances are managed in the future. It is important for the state to plan its expenditures carefully in order to avoid excessive strain on the economy and to maintain the trust of international investors.
In conclusion, the issue of foreign debt remains a key topic for the Bulgarian economy. The coming years will be decisive for how the state balances its obligations with the need for the country's development.