TY  - BOOK
ED  - International Monetary Fund.
TI  - Bulgaria: Staff Report for the 1999 Article IV Consultation and Third Review Under the Extended Arrangement
T2  - IMF Staff Country Reports; Country Report
SN  - 1451804342 :
SN  - 1934-7685
PY  - 2000///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Budget
KW  - imf
KW  - Currency Board
KW  - Debt
KW  - Deficit
KW  - Interest
KW  - Bulgaria
N2  - 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
UR  - http://elibrary.imf.org/view/IMF002/00855-9781451804348/00855-9781451804348/00855-9781451804348.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451804348
ER  -