Bulgaria: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria

February 1, 2021

Preview Citation

Format: Chicago

Bulgaria: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria, (USA: International Monetary Fund, 2021) accessed September 18, 2024

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

Publication Details

Pages:

65
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/027
Stock No:

1BGREA2021001
ISBN:

9781513568119
ISSN:

1934-7685

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