Bulgaria : Second Review Under the Stand-By Arrangement and Request for Waiver of Applicability of Performance Criteria.

This paper examines Bulgaria's Second Review Under the Stand-By Arrangement (SBA) and a Request for Waiver of Applicability of Performance Criteria. Over the last six-month period, Bulgaria's macroeconomic stability has strengthened further. However, political pressures have made it more c...

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Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2003.
Serier:IMF Staff Country Reports; Country Report ; No. 2003/032
Online adgang:Full text available on IMF
Beskrivelse
Summary:This paper examines Bulgaria's Second Review Under the Stand-By Arrangement (SBA) and a Request for Waiver of Applicability of Performance Criteria. Over the last six-month period, Bulgaria's macroeconomic stability has strengthened further. However, political pressures have made it more challenging to maintain a prudent and flexible fiscal policy and have weakened the momentum of structural reforms. Bulgaria has had a commendable performance in 2002, and the IMF staff supports the authorities' request to complete the second program review under the SBA.
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Fysisk beskrivelse:1 online resource (76 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students