Bulgaria: Staff Report for the 2000 Article IV Consultation and Fifth Review Under the Extended Arrangement
IMF Staff Country Reports, April 3, 2001
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- Bulgaria: Staff Report for the 2000 Article IV Consultation and Fifth Review Under the Extended Arrangement
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Bibliographic details
- Published: April 3, 2001
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451804355.002
Executive summary and macro-financial conditions
- Bulgaria’s currency board arrangement continues to have broad political and public support and shows no signs of strain.
- Interest rates are low and stable.
- Fiscal reserves are ample.
- Banks are liquid.
- Publication date: April 3, 2001.
- Pages: 106.
- Volume: 2001; Issue: 053; Series: Country Report No. 2001/053.
- DOI: https://doi.org/10.5089/9781451804355.002.
- Stock No: 1BGREA0012001.
- ISBN: 9781451804355.
- ISSN: 1934-7685.
Structural reform agenda and implementation
- A structural reform agenda has been implemented.
- Authorities have:
- improved banking supervision,
- started the overhaul of the pension and health care systems,
- liberalized trade and prices.
Banking supervision, corporate governance, and private sector lending
- Executive Directors stressed the need to strengthen bank supervision and corporate governance to reduce the perceived risks of lending to the private sector.
- Ongoing improvements in supervision are noted, but further strengthening is recommended (as emphasized by Executive Directors).
Policy areas covered and thematic subjects
- Subject areas: Banking, Economic sectors, External debt, Fiscal policy, Labor, Privatization, Public debt, Wages.
- Keywords listed: Bulgaria review, CR, equivalent of SDR, Global, incomes policy, ISCR, policy development, Privatization, prudent fiscal policy, staff appraisal, state enterprise, Wages.
Access and publication details
- Format noted on landing page: Chicago citation preview provided.
- Related series: IMF Staff Country Reports.
- The report is available via the IMF eLibrary.
Source: Bulgaria: Staff Report for the 2000 Article IV Consultation and Fifth Review Under the Extended Arrangement (IMF Staff Country Reports 2001, 053), April 3, 2001.