Bulgaria: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bulgaria

International Monetary Fund

No 2021/027, IMF Staff Country Reports from International Monetary Fund

Abstract: The economy contracted sharply amid two waves of COVID-19 infections, with the government providing sizable policy support. The outlook is very uncertain and the main challenge facing policymakers is to keep adjusting to changing circumstances. Over the medium term, structural reforms are needed that support inclusive income convergence toward advanced EU partners against demographic headwinds.

Keywords: ISCR; CR; policy priority; authorities' policy response; Bulgarian authorities; ERM II membership; government's policy (search for similar items in EconPapers)
Pages: 65
Date: 2021-02-01
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