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Economic policy.
- 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