Bulgaria : Fourth Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criteria

Author/Editor:

International Monetary Fund

Publication Date:

March 26, 2007

Electronic Access:

Free Full Text (PDF file size is 721 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses key findings of the Fourth Review Under the Stand-By Arrangement for Bulgaria. Performance in 2006 was broadly satisfactory, although structural reform implementation was weaker than expected. Notably, the government postponed until mid-2007 the launching of the electronic business registry, a key business climate measure. The financial system remains well capitalized and profitable with the modest nonperforming loans. The authorities and IMF staff agreed that the credit restraints should lapse and that Basel II should be implemented cautiously.

Series:

Country Report No. 07/127

Subject:

English

Publication Date:

March 26, 2007

ISBN/ISSN:

9781451804560/1934-7685

Stock No:

1BGREA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

62

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