01748cas a2200241 a 4500 AALejournalIMF001187 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451804348 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Bulgaria : Staff Report for the 1999 Article IV Consultation and Third Review Under the Extended Arrangement. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (113 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In 1999, Executive Board deliberations on Bulgaria focused on the need for the authorities to persevere with structural reform. Under the currency board arrangement introduced in mid-1997, Bulgaria has achieved macroeconomic stabilization and made substantial progress in structural reform. Banking supervision has improved markedly. Executive Directors stressed the importance of wage moderation and flexible labor markets for maintaining competitiveness and reducing unemployment. The emerging private sector also faces many obstacles, including burdensome bureaucracy and red tape, weak governance, and a banking system hesitant to extend credit. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2000/053 Full text available on IMF http://elibrary.imf.org/view/journals/002/2000/053/002.2000.issue-053-en.xml IMF e-Library