01747cas a2200241 a 4500 AALejournalIMF003608 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451804515 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Bulgaria : First Review Under the Stand-By Arrangement and Request for Waivers of Nonobservance of Performance Criteria. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (92 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 Bulgaria's First Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria are discussed. With macroeconomic conditions expected to remain favorable, competitiveness at an adequate level, and a lower current account deficit, concerns about external vulnerability have lessened somewhat. Nonetheless, policies must remain prudent, and the program for 2005 envisages some fiscal easing, a slowdown in credit expansion, and reinvigorated structural reforms. The authorities have agreed to tighten the fiscal stance at the time of the second review if external current account developments are weaker than expected. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/169 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/169/002.2005.issue-169-en.xml IMF e-Library