The Role of Medium-Term Fiscal Frameworks for Transition Countries : The Case of Bulgaria

Author/Editor:

Balázs Horváth ; Istvan P Szekely

Publication Date:

January 1, 2001

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper discusses the foundations for a medium-term fiscal framework for Bulgaria, a transition economy aspiring to join the European Union. The paper argues that a well-designed framework can help to enhance the credibility of macroeconomic policies and facilitate preparations for EU membership. It presents an illustrative scenario for Bulgaria, utilizing a broad concept of net public debt.

Series:

Working Paper No. 01/11

Subject:

English

Publication Date:

January 1, 2001

ISBN/ISSN:

9781451842784/1018-5941

Stock No:

WPIEA0112001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

31

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