Bulgaria : 2012 Article IV Consultation--Staff Report; Public Information; and Statement by the Executive Director for Bulgaria

Publication Date: December 13, 2012
Electronic Access: Free Full text (PDF file size is 2,993KB).
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Summary: Bulgaria did not have any exchange rate crisis, international bailout, bank intervention, or build-up of public debt. This attests to the strength of the policy framework and policy implementation. The fiscal adjustment achieved so far should be preserved, but improving the composition of the budget would support growth. The financial system is stable with high buffers, but the low growth environment poses challenges. Executive Directors suggest the need for some structural reforms.
Series: Country Report No. 12/328
Subject(s): Article IV consultation reports | Economic recovery | Economic growth | Fiscal risk | Trade integration | Spillovers | Fiscal policy | External debt | Fiscal reforms | Reserves | Banking sector | Economic indicators | Staff Reports | Public information notices | Bulgaria

Publication Date: December 13, 2012
ISBN/ISSN: 9781475544985/1934-7685 Format: Paper
Stock No: 1BGREA2012001 Pages: 82
US$18.00 (Academic Rate:
US$18.00 )
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