Title Bulgaria : fourth review under the stand-by arrangement and request for waiver of nonobservance of Performance Criteria - Staff Report ; Staff Statement Press Release on the executive board discussion ; and statement by the executive director for Bulgaria / International Monetary Fund

Published Washington, District of Columbia : International Monetary Fund, 2007

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Description 1 online resource (62 pages) : illustrations (some color), graphs Series IMF Country Report ; Number 07/127 IMF country report ; no. 07/127. Contents Cover; Executive Summary; Contents; I. Introduction; II. Performance under the Program; A. Economic Developments; B. Program Performance in 2006; C. Outlook and Risks; III. Policy Discussions; A. Fiscal Policy; B. Financial Sector; C. Incomes and Labor Market Policies; D. Other Structural Reforms; IV. Staff Appraisal; Figures; 1. Real Sector Developments, 2004-06; 2. Balance of Payments Developments; 3. Competitiveness; 4. Fiscal Sector Developments; 5. Financial Sector Indicators; 6. Selected Countries: Gross Fixed Capital Formation, 2001-07; 7. Baseline Medium-Term Projections, 2004-2011 Tables1. Selected Economic and Social Indicators, 2003-07; 2. Real GDP by Expenditure Category, 2003-07; 3. Monetary Survey, 2004-07; 4. Selected Vulnerability Indicators, 2002-06; 5. Balance of Payments, 2003-07; 6. General Government Operations, 2003-07 (In millions of leva); 7. General Government Operations, 2003-07 (In percent of GDP); 8. Macroeconomic Framework, 2003-2011; 9. Balance of Payments, 2003-2011; 10. Quantitative Performance Criteria and Indicative Targets Under the Stand-By Arrangement; 11. Observance of Structural Conditionality Under the Stand-By Arrangements in 2006 12. Schedule of Purchases Under the Current Stand-By Arrangement13. Capacity to Repay the Fund, 2003-2010; 14. Financial Relations with the Fund, 2000-2010; 15. External Debt Sustainability Framework, 2002-2012; 16. Public Sector Debt Sustainability Framework, 2001-2011; Appendixes; I. Fund Relations; Table 1. Bulgaria: ROSCs; Table 2. Bulgaria: Technical Assistance, 1999-2006; II. IMF-World Bank Relations; Table 1. Bulgaria-Active World Bank Operations (Net of Cancellations); III. Statistical Issues; Table 1. Bulgaria: Common Indicators Required for Surveillance; Letter of Intent Summary This paper discusses key findings of the Fourth Review Under the Stand-By Arrangement for Bulgaria. Performance in 2006 was broadly satisfactory, although structural reform implementation was weaker than expected. Notably, the government postponed until mid-2007 the launching of the electronic business registry, a key business climate measure. The financial system remains well capitalized and profitable with the modest nonperforming loans. The authorities and IMF staff agreed that the credit restraints should lapse and that Basel II should be implemented cautiously Notes Online resource; title from PDF copyright page (ebrary, viewed July 2, 2015) Subject Fiscal policy -- Bulgaria Finance -- Bulgaria Income -- Bulgaria Labor market -- Bulgaria Economic history Economic policy Finance Fiscal policy Income Labor market SUBJECT Bulgaria -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85017850 Bulgaria -- Economic policy. http://id.loc.gov/authorities/subjects/sh85017854 Subject Bulgaria Form Electronic book ISBN 9781451804560 1451804563 9781452724676 1452724679

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