Bulgaria Resident Representative Site
Resident Representative Office in Bulgaria
This web page presents information about the work of the IMF in Bulgaria, including the activities of the IMF Resident Representative Office. Additional information can be found on the Bulgaria and IMF country page, including IMF reports and Executive Board documents that deal with Bulgaria.
At a Glance : Bulgaria's Relations with the IMF
- Current IMF membership: 186 countries
- Bulgaria joined September 25, 1990
- Quota: SDR 640.20 million
- The last Article IV Executive Board Consultation was on March 04, 2009. (Country Report 09/96)
News — Highlights
An IMF mission, headed by Bas Bakker, will visit Sofia from September 10–21. The mission was invited by the new government to help it assess the fiscal situation in 2009 and 2010. The mission plans to disseminate its main conclusions at the end of its visit. 
On July 8, the International Monetary Fund (IMF) issued an update of its World Economic Outlook (WEO) forcasts.
The mission will be headed by Mr. Bas Bakker, and consist of Mr. Peter Breuer, Ms. Jianping Zhou, Mr. Jerome Vandenbussche, and Mr. Gabriel Goddard (World Bank). Mr. Tonny Lybek, IMF's Regional Representative and Ms. Ana Mihaylova from the IMF's Sofia office will also participate in the meetings.
The financial crisis has hit Europe hard. In an interview, IMF European Department head Marek Belka talks about Europe's prospects for recovery and the principles that guide the Fund as it seeks to help Europe's emerging economies counter the fallout of the crisis
This paper analyzes the performance of the Bulgarian private defined contribution pensions in the second and third pillars of the pension system.
Working Paper 08/268
Bulgaria and the IMF
September 30,2009
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
September 21,2009
April 27,2009
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
April 22,2009
March 17,2009
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
Click for More
Regional Economic Outlook: Europe
Europe's contraction is ending, but the recovery is fragile. Policymakers should look beyond the crisis to secure a durable upswing and address the threats to potential growth from the crisis and the continent's well-known structural rigidities. The report's analytical work stresses the uncertainty surrounding potential growth estimates, and the more volatile environment faced by emerging economies in a tightly integrated region. In the near term, this calls for measures to restore the financial sector to health and for continued macroeconomic support, while preparing for the exit from extraordinary interventions in a coordinated and transparent fashion. Higher longer-term growth through structural change will support the recovery, smooth the exit, and help emerging markets to adjust to lower capital inflows in the crisis' aftermath.
