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Economic policy.

Authors :
Owen, James
Hoey, Joan
Source :
Country Report. Bulgaria; Jan2004, p18-23, 6p, 2 Charts
Publication Year :
2004

Abstract

Despite calls for a lower deficit from the IMF, the government has proposed a budget with a deficit of 0.7% of GDP for 2004. The IMF agreed to the higher deficit after the government agreed to run a balanced budget in 2003 and to go ahead with promised off-budget spending in 2004 only if the current account starts to improve. Corporate taxes are to be cut to 19.5% in 2004, but there has been little progress in privatisation in the past three months. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
1366400X
Database :
Complementary Index
Journal :
Country Report. Bulgaria
Publication Type :
Report
Accession number :
17238061