Bulgaria : Staff Report for the 2013 Article IV Consultation

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

January 30, 2014

Electronic Access:

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Summary:

This 2013 Article IV Consultation highlights that in the aftermath of the global financial crisis, growth in Bulgaria has remained low and unemployment is high. Real GDP growth is projected at about 0.5 percent in 2013 as domestic uncertainties undermined demand but exports are performing well. Domestic demand is projected to recover gradually, and exports and foreign direct investment (FDI) will benefit from recovery in Europe, allowing real GDP growth to rise to about 1.6 percent in 2014. The current account of the balance of payments is expected to be in surplus in 2013 but return to a modest deficit in the medium term, financed by FDI.

Series:

Country Report No. 14/23

Subject:

English

Publication Date:

January 30, 2014

ISBN/ISSN:

9781484395363/1934-7685

Stock No:

1BGREA2014001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

58

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