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26.08.2008 OBG: Bulgariaís Tourism Sector Developing with Stable Rate

econ.bg, 25.08.08

According to the Oxford Business Groupís The Report: Bulgaria 2008 the tourist sector continues to play an important role in the development of the countryís economy by creating new jobs and ensuring a constant flow of foreign tourists to the country.

The tourist industry provides some 14% of the gross domestic product (GDP) and is a valuable source of foreign currency which is of great importance for the budget balance. The sector also plays an important role on the labor market providing 371,000 jobs in 2007 which makes 12.3% of the total number of jobs in the country, the OBG reports.


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Source: thesun.co.uk

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