Bulgaria: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria
February 1, 2021
Summary
The economy contracted sharply amid two waves of COVID-19 infections, with the government providing sizable policy support. The outlook is very uncertain and the main challenge facing policymakers is to keep adjusting to changing circumstances. Over the medium term, structural reforms are needed that support inclusive income convergence toward advanced EU partners against demographic headwinds.
Subject: COVID-19, Expenditure, Income, Income inequality, Loans
Keywords: authorities' policy response, Bulgarian authorities, CR, ERM II membership, government's policy, ISCR, policy priority
Pages:
65
Volume:
2021
DOI:
Issue:
027
Series:
Country Report No. 2021/027
Stock No:
1BGREA2021001
ISBN:
9781513568119
ISSN:
1934-7685






