European Parliament Library

Bulgaria :, First Review Under the Stand-By Arrangement and Request for Waivers of Nonobservance of Performance Criteria

Label
Bulgaria :, First Review Under the Stand-By Arrangement and Request for Waivers of Nonobservance of Performance Criteria
Language
eng
Abstract
Bulgaria’s First Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria are discussed. With macroeconomic conditions expected to remain favorable, competitiveness at an adequate level, and a lower current account deficit, concerns about external vulnerability have lessened somewhat. Nonetheless, policies must remain prudent, and the program for 2005 envisages some fiscal easing, a slowdown in credit expansion, and reinvigorated structural reforms. The authorities have agreed to tighten the fiscal stance at the time of the second review if external current account developments are weaker than expected
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Bulgaria :
Nature of contents
dictionaries
Series statement
IMF Staff Country Reports
Sub title
First Review Under the Stand-By Arrangement and Request for Waivers of Nonobservance of Performance Criteria
Content
Other version