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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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The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group. The bank is based in Washington, D.C. and provided around $61 billion in loans and assistance to "developing" and transition countries in the 2014 fis ...moreMore about World Bank Group...