Bulgaria Request for Stand-By Arrangement

This paper evaluates Bulgaria’s Request for Stand-By Arrangement (SBA). Macroeconomic developments remain broadly favorable, although a rise in the external current account deficit is a concern. Real GDP growth is estimated to have moderated to about 4½ percent in 2001. The authorities have requeste...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2002
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 82 pages 
651 4 |a Bulgaria 
653 |a Inflation 
653 |a Public debt 
653 |a Labour; income economics 
653 |a Public finance & taxation 
653 |a Monetary economics 
653 |a Wages, Compensation, and Labor Costs: General 
653 |a Debt Management 
653 |a Debts, Public 
653 |a Fiscal Policy 
653 |a Debt 
653 |a Exports and Imports 
653 |a Fiscal policy 
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653 |a International Lending and Debt Problems 
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520 |a This paper evaluates Bulgaria’s Request for Stand-By Arrangement (SBA). Macroeconomic developments remain broadly favorable, although a rise in the external current account deficit is a concern. Real GDP growth is estimated to have moderated to about 4½ percent in 2001. The authorities have requested a two-year SBA in the amount of SDR 240 million, or 37 percent of quota. The requested SBA would be centered on the currency-board arrangement, a continuation of prudent fiscal and incomes policies, and an acceleration of privatization and other structural reforms