Bulgaria: Request for Stand-By Arrangement

August 20, 2004

Preview Citation

Format: Chicago

Bulgaria: Request for Stand-By Arrangement, (USA: International Monetary Fund, 2004) accessed November 27, 2024

Summary

Bulgaria’s request for a 25-month precautionary Stand-By Arrangement (SBA) in an amount of SDR 100 million or 15.62 percent of quota is discussed. The SBA-supported program seeks to reduce increased external vulnerability and to achieve sustainable high growth through a tighter fiscal policy and measures to drain bank liquidity to reduce excess demand in the short term and structural reforms to boost output and export capacity in the medium term.

Subject: Balance of payments, Current account, Current account deficits, Expenditure, External debt, Public debt

Keywords: BTC privatization, Confidence in Bulgaria, CR, Current account, Current account deficits, Demand pressure, FDI inflow, Global, ISCR, Policy, Privatization program

Publication Details

Pages:

84
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/267
Stock No:

1BGREA0042004
ISBN:

9781451804492
ISSN:

1934-7685

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