Lack of information about Bulgaria ahs hitherto been an obstacle to foreign investment. Thanks to Investment Guide for Bulgaria, potential investors have access to information on the latest economic, financial, political and legal conditions in the country, including details of the legal and regulatory framework for foreign investment. The Guide also provides a list of investment opportunities.
Although Bulgaria has been slower than some of the other countries in Central Europe in implementing economic reform, the present administration is commited to macroeconomic stabilization, structural change and private sector development. Policies now in place have led to a fal in inflation, will accelerate the privatisation process and reduce the budget deficit. After several years of negative growth, 1994 was the first year of economic expansion since the beginning of the transition, with a 1,4% increase in GDP. Growth was 2,5% in 1995 and is forecast to be over 3,5% in 1996.