Bulgaria: Public Expenditure Issues and Directions for Reform
Bulgaria has made substantial progress toward long-term macroeconomic stability. Growth has been re-established, per capita income has improved, inflation has remained low, poverty has been reduced, and the external debt to GDP ratio has declined. Furthermore, the share of the private sector in the economy is increasing, major regulatory reform is underway, the banking sec...more
Paperback, 216 pages
Published September 5th 2003 by World Bank Publications
(first published April 1st 2003)
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