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Bulgaria Public Expenditure Issues and Directions for Reform

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  • World Bank

Abstract

The study is the first-ever Public Expenditure and Institutional Review (PEIR) on Bulgaria by the World Bank. It outlines public expenditure issues, and policy directions to improve the efficiency, and effectiveness of public expenditures in the country. To this end, it assesses fiscal sustainability, and analyzes the public expenditures, and their institutional framework. Bulgaria has made substantial progress toward long-term macroeconomic stability, but important challenges remain in the five sectors analyzed - education, health, social protection, the state railways, and energy sectors. It also analyses the institutional challenges in public expenditure management.

Suggested Citation

  • World Bank, 2003. "Bulgaria Public Expenditure Issues and Directions for Reform," World Bank Publications - Books, The World Bank Group, number 15085.
  • Handle: RePEc:wbk:wbpubs:15085
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/15085/269740PAPER0Bulgaria0public0expenditure.pdf?sequence=1
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    References listed on IDEAS

    as
    1. World Bank, 2001. "Bulgaria : The Dual Challenge of Transition and Accession," World Bank Publications - Books, The World Bank Group, number 13958.
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    Cited by:

    1. Emil Mihaylov, 2011. "Evaluation of Subsidized Employment Programs for Long-Term Unemployed in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 136-167.
    2. Radulescu Magdalena & Banica Logica, 2015. "Features Of The Public Spending By Function In Cee Countries - Trends And Shifts During The Crisis Period," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 104-115, October.

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