Economic reform in Bulgaria:
Gespeichert in:
Bibliographische Detailangaben
Hauptverfasser: Keremidchiev, Spartak (VerfasserIn), Gradev, Todor (VerfasserIn), Kyutchukov, Stephan (VerfasserIn), Popov, Todor (VerfasserIn), Indjova, Reneta (VerfasserIn), Radev, Todor (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Bulgarian
Veröffentlicht: Sofia [Bulgaria] Centăr za izsledvane na demokracijata 1992
Schlagworte:
Online-Zugang:BSB01
Beschreibung:At the beginning of 1991 the Bulgarian economy had almost reached the point of collapse. This was due to the economic policy of 1990, combined with the negative effects of the Persian Gulf crisis. On this background a project for one-year "stand-by" credit for Bulgaria from the IMF was prepared. The agreement was signed in February 1991 and confirmed by IMF on March 15. Under these circumstances the use of the IMF resources was the only possibility for partial recovery of the country's hard currency reserves, and this possibility could certainly be used only under the specific conditions required by IMF.
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