He was reassured by Dimitar Radev, head of the Bulgarian National Bank.
The mandate of Radev, who was re-elected as chairman of the National Banking Bank in the extraordinary session of the People’s Assembly, will be six years.
Radev was re-elected to the position with 155 votes in favor from the 222 MPs who participated in the vote.
Two candidates were nominated for the position of President of the BNB, one of whom is the current President of the BNB Radev, the candidate of the Citizens Alliance for the European Future of Bulgaria (GERB) – Democratic Union (SDS), and Lubomir Hristov, the candidate of the Rebirth Party.
Keep the Change (PP) – The Parliamentary Group of the Alliance for Democratic Bulgaria (PP-DB), after hearing the two candidates, announced that it would definitely support Radev’s candidacy for the presidency of the BNB. Radev has stated that he favors the introduction of the euro and expects Bulgaria to have this opportunity on January 1, 2025.
Initially, the coalition of the Bulgarian Socialist Party also nominated Nikolai Kavarjicliffe for the post of President of the Bulgarian National Bank, but Kavarjicliffe withdrew from his candidacy on the grounds that, in his words, he would not participate in a “match with a known outcome”.
Dimitar Radev was elected Chairman of the National Bank of Bahrain on July 15, 2015, after which his first term began. He completed his Master’s degree in Economics from the Department of Finance and Credit at the University of National and World Economy in Sofia. He completed his residency program at Georgetown University’s Institute of Foreign Affairs in Washington.
He served as Deputy Minister of Finance in six consecutive governments (1992-2001).
Between 2001 and 2015, he served as Chief Economist of the International Monetary Fund (IMF), Head of Technical Assistance Missions for the Public Finance Department of the IMF’s Financial Affairs Department, Advisor to the IMF in providing expert assistance in the field of public finance, and Assistant Executive Director of the IMF International criticism.
Bulgarian Central Bank Governor Dimitr Radev has been given the highest grade “A” in the annual ranking of central bank governors by Global Finance, one of the world’s most reputable financial magazines.
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