Bulgaria : Second Review Under the Stand-By Arrangement and Request for Waiver of Applicability of Performance Criteria
Release Date: © February, 2003
ISBN
: 978-1-45180-437-9
Stock #: 1BGREA0012003
English
Stock Status: On back-order
Languages and formats available
English | French | Spanish | Arabic | Russian | Chinese | Portuguese | |
Paperback | Yes |
Description
This paper examines Bulgaria’s Second Review Under the Stand-By Arrangement (SBA) and a Request for Waiver of Applicability of Performance Criteria. Over the last six-month period, Bulgaria’s macroeconomic stability has strengthened further. However, political pressures have made it more challenging to maintain a prudent and flexible fiscal policy and have weakened the momentum of structural reforms. Bulgaria has had a commendable performance in 2002, and the IMF staff supports the authorities’ request to complete the second program review under the SBA.
Taxonomy
IMF governance and operations , Operations , Stand-by Arrangements
More publications in this series: IMF Staff Country Reports