Browse

You are looking at 1 - 1 of 1 items for :

  • Forecasts of Budgets, Deficits, and Debt x
Clear All
Mr. Balázs Horváth and Mr. Istvan P Szekely
This paper discusses the foundations for a medium-term fiscal framework for Bulgaria, a transition economy aspiring to join the European Union. The paper argues that a well-designed framework can help to enhance the credibility of macroeconomic policies and facilitate preparations for EU membership. It presents an illustrative scenario for Bulgaria, utilizing a broad concept of net public debt.