IMF Staff Country Reports

Bulgaria: Request for Stand-By Arrangement

August 20, 2004

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Bulgaria: Request for Stand-By Arrangement, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Summary

Bulgaria’s request for a 25-month precautionary Stand-By Arrangement (SBA) in an amount of SDR 100 million or 15.62 percent of quota is discussed. The SBA-supported program seeks to reduce increased external vulnerability and to achieve sustainable high growth through a tighter fiscal policy and measures to drain bank liquidity to reduce excess demand in the short term and structural reforms to boost output and export capacity in the medium term.

Subject: Balance of payments, Current account, Current account deficits, Expenditure, External debt, Public debt

Keywords: BTC privatization, Confidence in Bulgaria, CR, Current account, Current account deficits, Demand pressure, FDI inflow, Global, ISCR, Policy, Privatization program

Publication Details

  • Pages:

    84

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/267

  • Stock No:

    1BGREA0042004

  • ISBN:

    9781451804492

  • ISSN:

    1934-7685

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