Bulgaria Fourth Review Under the Stand-By Arrangement, Requests for Waiver of Applicability of Performance Criteria and Waiver of Nonobservance of Performance Criterion, and Request for Extension of the Arrangement

Bulgaria's macroeconomic performance in the face of the prolonged slowdown in the EU has been impressive, but risks have intensified. The response of fiscal policy to these risks has been adequate. Plans to increase reliance on state enterprises to carry out public sector activities are worryin...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2004
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 81 pages 
651 4 |a Bulgaria 
653 |a Macroeconomics 
653 |a Price Policy 
653 |a International economics 
653 |a Monetary economics 
653 |a Balance of payments 
653 |a Exports and Imports 
653 |a Credit 
653 |a External debt 
653 |a Short-term Capital Movements 
653 |a Public Finance 
653 |a Debts, External 
653 |a Debt 
653 |a Fiscal policy 
653 |a Current account 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Wages 
653 |a Current account deficits 
653 |a Debts, Public 
653 |a Money and Monetary Policy 
653 |a International Lending and Debt Problems 
653 |a Public finance & taxation 
653 |a Fiscal Policy 
653 |a Inflation 
653 |a Public debt 
653 |a Debt Management 
653 |a Current Account Adjustment 
653 |a Sovereign Debt 
653 |a Fiscal stance 
653 |a Incomes Policy 
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520 |a Bulgaria's macroeconomic performance in the face of the prolonged slowdown in the EU has been impressive, but risks have intensified. The response of fiscal policy to these risks has been adequate. Plans to increase reliance on state enterprises to carry out public sector activities are worrying. The government has taken the right approach to addressing the rapid growth in private sector credit. Bulgaria has made good progress on its structural reform agenda, but an intensified effort is required to help deal with greater macroeconomic risks