This paper examines Bulgaria’s 2004 Article IV Consultation and Ex Post Assessment of Longer-Term Program Engagement …

This 2008 Article IV Consultation discusses that Bulgaria has been hit by the global financial crisis, with clear signs …

Bulgaria’s currency board arrangement continues to have broad political and public support and shows no signs of strain …

This paper assesses Bulgaria’s 2002 Article IV Consultation, First Review Under the Stand-By Arrangement (SBA), and a …

. Ambitious (and politically challenging) reforms are needed to achieve Bulgaria’s objective of more rapid income convergence with …. Financial sector policies. The financial system remains well-capitalized and liquid, but profitability is low. Gradual reduction …

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 …

The current account deficit in Bulgaria, which doubled in 2005 to 11.8 percent of GDP, deteriorated further to 14 …