Statement by Jeroen Kremers, Executive Director for Bulgaria and Victor Ivanov Yotzov, Advisor to Executive Director Executive Board Meeting

International Monetary Fund

doi:10.5089/9781451804492.002.A004

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Bulgaria : Request for Stand-By Arrangement

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Journal Issue

Volume/Issue:: 2004/267
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: August 2004
DOI:: http://dx.doi.org/10.5089/9781451804492.002
ISBN:: 9781451804492
ISSN:: 1934-7685
Page:: 84

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.

Bulgaria: Request for Stand-By Arrangement--Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Bulgaria

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Statement by Jeroen Kremers, Executive Director for Bulgaria and Victor Ivanov Yotzov, Advisor to Executive Director Executive Board Meeting

Author(s):: International Monetary Fund
Published Date:: August 2004

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Bulgaria : Request for Stand-By Arrangement

Statement by Jeroen Kremers, Executive Director for Bulgaria and Victor Ivanov Yotzov, Advisor to Executive Director Executive Board Meeting

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