Bulgaria : Staff Report for the 2000 Article IV Consultation and Fifth Review Under the Extended Arrangement.

Bulgaria's currency board arrangement continues to have broad political and public support and shows no signs of strain, as interest rates are low and stable, fiscal reserves ample, and banks liquid. A structural reform agenda has also been implemented. The authorities have improved banking sup...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Staff Country Reports; Country Report ; No. 2001/053
Online Access:Full text available on IMF
Description
Summary:Bulgaria's currency board arrangement continues to have broad political and public support and shows no signs of strain, as interest rates are low and stable, fiscal reserves ample, and banks liquid. A structural reform agenda has also been implemented. The authorities have improved banking supervision, started the overhaul of the pension and health care systems, and liberalized trade and prices. Executive Directors stressed the need to strengthen the bank supervision and corporate governance to reduce the perceived risks of lending to the private sector.
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Physical Description:1 online resource (106 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students