Arrangement Number
int64
501
872
Country Name
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4
31
Country Code
int64
174
968
Arrangement Type
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14 values
Approval date
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10
10
Approval Year
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2k
2.02k
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10
10
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2k
2.03k
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3
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1 value
Duration Of Annual Arrangement To
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1 value
Board Action Date
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10
10
Program Type
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1 value
Review Type
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28 values
Review Status
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Key Code
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4 values
Economic Code
float64
20
30.4
Economic Descriptor
stringlengths
15
93
Description
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14
1.48k
Description Code
int64
1
33
Test Date
stringlengths
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67
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23 values
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1.27k
Sort
int64
0
13
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33
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15 values
Assessed At
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11
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11
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
20.2
1.2. Revenue administration, including customs
Adoption by parliament of the NRA procedural code
2
09/30/2005
W
Prior to P1R1, was previously a SB. First reading of the code was a PA under the First Review of the SBA and was passed on first reading on April 19, 2005. Adopted on December 21, 2005. Lag due to delay in forming a new government and priority given to EU accession related legislation.
3
2
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
20.5
1.5. Debt Management
Establishment of a register which covers all municipal borrowing and is ready to receive data.
1
12/31/2006
PC
N/A
3
1
2006-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
20.6
1.6. Expenditure auditing, accounting, and financial controls
Incorporation into the Treasury Single Account (TSA) of the lev-denominated accounts of all autonomous budgetary entities currently outside the TSA (i.e. all entities of the judicial system, the teachers' pension fund, and all state universities.
1
12/31/2004
WMOD-SPC
Expenditure accounts of judiciary have not been incorporated into the TSA and is an end September 2005 PC
3
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
20.6
1.6. Expenditure auditing, accounting, and financial controls
Incorporation of all lev-denominated expenditure accounts of the judicial system in the budgetary payments system (SEBRA).
2
09/30/2005
W
Incorporation into the Treasury Single Account of all lev-denominated accounts of all autonomous budgetary entities was a SPC for P1R1. This was partially completed except for the expenditure accounts of the judiciary which this SPC addresses. At P1R2, accounts were incorporated into SEBRA on October 17, 2005. The delay was due to technical requirements.
3
2
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
23.2
4.2. Other social sector reforms (e.g., social safety nets, health and education)
Approval of a law giving the NSSI authority from January 1, 2005 to have its own medical experts verfiy and recertify any disability certification issued before Jnauary 1, 2005; and requiring the NSSI to have its own medical experts recertify all disability certifications issued from this date.
1
12/31/2004
M
N/A
3
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Selection of winning bids for the sale of seven electricity distribution companies.
1
09/30/2004
M
N/A
3
1
2004-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Selection of winning bids for the sale of three large thermal electricity companies (Varna EAD, Ruse EAD, and Bobov Dol EAD)
2
09/30/2005
W
At P1R2, the winning bidder for Varna EAD and Ruse EAD was selected, although privatization has failed due to unacceptable additional demands of the bidder and ruling of the competition agency against selling both plants to the same bidder. The tender for the Bobov Dol power plant was canceled due to unsatisfactory offers. Selection of winning bidders for the Varna and Ruse electricity generation companies is structural performance criterion for June 30, 2006. A waiver is requested since the deal of the Bobov Dol power plant was challenged and blocked in the courts.
3
2
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Selection of the winning bidders for the Rousse and Varna electricity generation companies.
3
06/30/2006
W
Not met (implemented partially) at P1R3. The executive board approved a waiver at P1R3. The privatization of the Varna electricity generating company was completed on April 24, 2006. The privatization of Rousse power plant was blocked by the decision of Commission for Protection of Competition. In February 2006, the Privatization Agency cancelled the procedure as the bid from the second bidder was unsatisfactory. A new tender is expected to be issued by July 25, 2006. The selection of winning bid for Rousse electricity generation company is spc for October 31, 2006.
3
3
2006-06-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Selection of winning bids for the western and eastern plants of Rousse district heating company.
4
10/31/2006
PC
N/A
3
4
2006-10-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Reduction of the proportion of cash in vault usable for fulfilling reserve requirements to 50 percent.
1
10/01/2004
M
N/A
3
1
2004-10-01
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
26
7. Exchange systems and restrictions (current and capital)
No imposition of new or intensification of existing restrictions on the making of payments and transfers for current international transactions, nor introduction or modification of multiple currency practices, nor conclusion of any bilateral payments arrangements that are inconsistent with Article VIII of the IMF Articles of Agreement, nor imposition or intensification of any import restrictions for balance of payments purposes, nor accumulation of any external payments arrears.
1
12/31/2004
M
Met for P1R1.
3
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
26
7. Exchange systems and restrictions (current and capital)
No imposition of new or intensification of existing restrictions on the making of payments and transfers for current international transactions, nor introduction or modification of multiple currency practices, nor conclusion of any bilateral payments arrangements that are inconsistent with Article VIII of the IMF Articles of Agreement, nor imposition or intensification of any import restrictions for balance of payments purposes, nor accumulation of any external payments arrears.
1
09/30/2005
M
Met for P1R2.
3
1
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
26
7. Exchange systems and restrictions (current and capital)
No imposition of new or intensification of existing restrictions on the making of payments and transfers for current international transactions, nor introduction or modification of multiple currency practices, nor conclusion of any bilateral payments arrangements that are inconsistent with Article VIII of the IMF Articles of Agreement, nor imposition or intensification of any import restrictions for balance of payments purposes, nor accumulation of any external payments arrears.
1
03/31/2006
M
Met for P1R3.
3
1
2006-03-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
26
7. Exchange systems and restrictions (current and capital)
No imposition of new or intensification of existing restrictions on the making of payments and transfers for current international transactions, nor introduction or modification of multiple currency practices, nor conclusion of any bilateral payments arrangements that are inconsistent with Article VIII of the IMF Articles of Agreement, nor imposition or intensification of any import restrictions for balance of payments purposes, nor accumulation of any external payments arrears.
1
Continuous
PC
Continuous PC. Introduced at P1R0.
3
1
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
28
9. Labor markets, excluding public sector employment
The monthly minimum wage not to exceed BGN 160
1
03/31/2006
M
Met for P1R3.
3
1
2006-03-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
28
9. Labor markets, excluding public sector employment
The monthly minimum wage not to exceed BGN 160
1
Continuous
PC
Continuous pc, introduced at P1R2.
3
1
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Start-up of operations of the new business register, at least for all new business registrations.
1
06/30/2006
WMOD-SPC
Not met. The executive board approved a waiver at P1R3. The President vetoed the law that was passed as prior action for P1R2. The veto was later overruled by parliament. However, the law will enter into force on October 1, 2006. Start-up of operations of the new business register is now SPC for October 1, 2006 for P1R4.
3
1
2006-06-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2006-08-02
P1
R3
BLANK
SPC
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Acceptance of new company registrations by the new business register established by legislation enacted on April 25, 2006.
2
10/01/2006
PC
N/A
3
2
2006-10-01
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
20.1
1.1. Revenue measures, excluding trade policy
Approval by parliament of the new VAT law.
5
Third Review Prior action
M
The new VAT law was approved on July 20, 2006.
4
5
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
20.2
1.2. Revenue administration, including customs
Adoption by parliament of a draft law to use the Bulstat number as the single identification for all tax and social security contribution payments.
1
First Review Prior action
M
N/A
4
1
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
20.2
1.2. Revenue administration, including customs
Submission to parliament of the NRA procedural code.
2
Program Prior Action
M
N/A
4
2
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
20.2
1.2. Revenue administration, including customs
Completion of first reading of the NRA procedural code
3
First Review Prior action
M
N/A
4
3
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
20.2
1.2. Revenue administration, including customs
Submission to parliament of new PIT, CIT, VAT, and excise tax laws required to make the NRA operational.
4
First Review Prior action
M
N/A
4
4
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
20.2
1.2. Revenue administration, including customs
Submission to parliament of legislation to use the Bulstat number as the single identification for all tax and social contribution payments.
5
Program Prior Action
M
N/A
4
5
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Appointment by parliament of a deputy chairman of the Financial Supervision Commission in charge of the insurance sector.
1
First Review Prior action
M
N/A
4
1
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Approval by the council of ministers of a strategy to transfer business registration to a nonjudicial administrative body and establish a unified national electronic register with limited judicial oversight and simplified administrative procedures.
1
First Review Prior action
M
At P1R0, was a SB (12/31/04 test date which was delayed, and partially converted to PA) which required "submission to parliament of amendments to the companies law, the civil procedure code, and any other legal instruments necessary to transfer business registration to a nonjudicial administrative body and establish a unified national electronic register with limited judicial oversight and simplified administrative procedures".
4
1
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Approval by parliament of legislation transferring business registration to the Registration Agency under the Minstry of Justice and establishing a unified national electronic register with limited judicial oversight and simplified administrative procedures.
2
Second Review Prior action
M
N/A
4
2
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Promulgation of operational regulations for the new electronic business registry.
4
Fourth Review Prior action
M
N/A
4
4
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
PA
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Signing of all critical IT contracts for the new electronic business registry.
5
Fourth Review Prior action
M
N/A
4
5
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.1
1.1. Revenue measures, excluding trade policy
Submit a constitutional amendment to parliament to allow municipalities to set their own tax rates.
3
06/30/2005
NM
At P1R2, the government has proposed draft texts, however, a constitutional amendment cannot be initiated by the government but by 25 percent of all MPs and requires a 75 percent parliamentary majority.
4
3
2005-06-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.1
1.1. Revenue measures, excluding trade policy
Approval by parliament of new PIT, CIT, VAT and excise tax laws required to make the NRA operational.
4
09/30/2005
PM
At P1R2, the new excise tax law was approved by parliament on November 2, 2005 and promulgated in the State Gazette on November 15, 2005.  Approval by parliament of the new VAT law is SPC for April 30, 2006 and approval of  new CIT and PIT laws - structural benchmark for July 31, 2006.
4
4
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.1
1.1. Revenue measures, excluding trade policy
Government to update the property tax valuations.
5
09/30/2005
MD
At P1R2, the property tax valuations have been raised by some 20-30 percent through amending the Law on Local Taxes and Charges, effective January 1, 2006.
4
5
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.1
1.1. Revenue measures, excluding trade policy
Approval by parliament of new CIT and PIT laws.
7
07/31/2006
MD
At P1R4, the new PIT law was approved on November 9, 2006 and the new CIT law on December 14, 2006.
4
7
2006-07-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.2
1.2. Revenue administration, including customs
Acquisition of an information technology system for the National Revenue Agency
1
09/30/2004
M
N/A
4
1
2004-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.2
1.2. Revenue administration, including customs
Parliamentary approval of the NRA procedural code
2
11/15/2004
MOD-SPC
At P1R1, delayed due to delays in the parliamentary timetable. First reading of the law was a PA at P1R1, and approval by parliament is a SPC for September 30, 2005.
4
2
2004-11-15
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.2
1.2. Revenue administration, including customs
Transfer of the lev-denominated suspense accounts of the customs office to the BNB
3
10/31/2004
M
N/A
4
3
2004-10-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.2
1.2. Revenue administration, including customs
New integrated tax and social security software system for the NRA to be fully operational
8
12/31/2006
PM
At P1R4, the critical functionality of the software system was achieved in December 2006. Eight modules became operational from the beginning of 2007. The remaining five non-core functional modules are expected to become operational during 2007.
4
8
2006-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.3
1.3. Expenditure measures, including arrears clearance
No new extrabudgetary funds or state-owned enterprises (with the possible exception of the companies set up for forestry and ports management and two funds to protect the environment and cover possible future pension gaps) to be created during the program period.
1
12/31/2004
NM
Not met for P1R1. On December 16, 2004 the COM set up the Public Investment Projects state-owned enterprise. The 2005 program considers the enterprise to be part of the consolidated general government.
4
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.3
1.3. Expenditure measures, including arrears clearance
No new extrabudgetary funds or state-owned enterprises (with the possible exception of the companies set up for forestry and ports management and two funds to protect the environment and cover possible future pension gaps) to be created during the program period.
1
09/30/2005
M
Met for P1R2.  Since the first review no new public enterprises have been created.
4
1
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.3
1.3. Expenditure measures, including arrears clearance
No new extrabudgetary funds or state-owned enterprises (with the possible exception of the companies set up for forestry and ports management and two funds to protect the environment and cover possible future pension gaps) to be created during the program period.
1
06/30/2006
M
Met for P1R3.
4
1
2006-06-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.3
1.3. Expenditure measures, including arrears clearance
No new extrabudgetary funds or state-owned enterprises (with the possible exception of the companies set up for forestry and ports management and two funds to protect the environment and cover possible future pension gaps) to be created during the program period.
1
03/16/2007
M
Met for P1R4.
4
1
2007-03-16
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.3
1.3. Expenditure measures, including arrears clearance
No new extrabudgetary funds or state-owned enterprises (with the possible exception of the companies set up for forestry and ports management and two funds to protect the environment and cover possible future pension gaps) to be created during the program period.
1
Continuous
SB
Continuous sb, introduced at P1R0.  Decision to transform the Road Executive Agency into an extrabudgetary fund has been made. The agency will be established in January 2007. This SB for P1R4 made an exception for this Agency.
4
1
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Full operationalization of the five modules of the Financial Management Information System in the Ministry of Finance
1
12/31/2004
MD
Met with 12 day delay due to technicalities associated with loading the end-2004 data into the system.
4
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Ministry of Finance to prepare an economic classification of consolidated general, central and local government expenditures.
2
09/30/2005
M
N/A
4
2
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
20.6
1.6. Expenditure auditing, accounting, and financial controls
Ministry of Finance to use only the Financial Management Information System.
3
09/01/2005
NM
At P1R2, the two systems (the current one and the FMIS) are used in parallel.
4
3
2005-09-01
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
22
3. Civil service and public employment reforms, and wages
Reduction of central administration employment by 4,500 positions.
1
06/30/2006
PM
At P1R3, as of July 10, 2006, the total number of employees in the state administration has been reduced by 3,909 positions.
4
1
2006-06-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
22
3. Civil service and public employment reforms, and wages
Implementation of an employment cut of at least 5,500 positions in the education sector.
2
09/05/2006
MOD-DATE
At P1R3, test date reset to 09/30/2006.
4
2
2006-09-05
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
22
3. Civil service and public employment reforms, and wages
Implementation of an employment cut of at least 5,500 positions in the education sector.
2
09/30/2006
M
At P1R4, slightly more than 5,500 positions had been cut by September 30, 2006.
4
2
2006-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
22
3. Civil service and public employment reforms, and wages
Submission to parliament of an education reform strategy envisaging an initial employment cut of at least 5,500.
3
03/31/2006
PM
For P1R3, the strategy was submitted to parliament on March 27, 2006, however, with no explicit mention of the envisaged 5,500 job cuts. Implementation of employment cuts of at least 5,500 positions in the education sector is SB for September 5, 2006 for P1R4.
4
3
2006-03-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
23.1
4.1. Pension reforms
Adoption of a law to base the annual adjustment of pensions on 75 percent of the increase in the average consumer price index in the previous year and 25 percent of the increase in the average insurable income in the previous year
1
12/31/2004
M
N/A
4
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
23.2
4.2. Other social sector reforms (e.g., social safety nets, health and education)
Approval by parliament of an amendment to the Health Insurance Law.
1
08/31/2006
PM
At P1R4, of the three amendments to the Health Insurance Law, two were approved by the parliament together with the 2007 NHIF budget law on December 14, 2006. The third one was only partially implemented in so far as only control procedures, but no sanctions, were included in the law.
4
1
2006-08-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
23.2
4.2. Other social sector reforms (e.g., social safety nets, health and education)
Approval by the Council of Ministers of the system of school financing based on the unified per student standards.
3
10/31/2006
M
At P1R4, the system of school financing was approved by the Council of Ministers together with the approval of the 2007 draft state budget law on October 30, 2006.
4
3
2006-10-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Preparation of a privatization plan that ensures revenues consistent with the 2005-06 balance of payments projections
1
11/15/2004
M
N/A
4
1
2004-11-15
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Sale of at least 5 tobacco companies representing at least 50 percent of the assets of the entities of the Bulgartabac holding identified as salable in the Phase I preparation phase (measured either as 50 percent of the market value as estimated at the end of the financial advisor's Phase I valuation work, or as 50 percent of net assets of the entities to be privatised, or as 50 percent of sales in 2003 of the entities to be privatised)
2
12/31/2004
NM
At P1R1, privatization of cigarette making factories terminated due to withdrawal of the only bidder and political infighting. To date, sales of five tobacco processing companies have been negotiated and finalization of an additional one awaits approval by Bulgartabacs supervisory board. This benchmark has been dropped for the time being due to political problems which make progress impossible before the June 25, 2005 election.
4
2
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Initiate the legal procedure for the closure of the Public Investment Projects company (PIP)
3
12/31/2006
M
At P1R4, in December 2006, the Minister of Finance signed a protocol for the closure of PIP by way of liquidation. The Council of Ministers announced the liquidation procedure on December 29, 2006. The process is expected to be finalized within seven months.
4
3
2006-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Approval by parliament of a law on consolidated supervision of financial conglomerates.
1
09/05/2006
M
At P1R3, the draft law was submitted to parliament on April 27, 2006 and was passed on the first reading on June 8, 2006.  At P1R4, the law was approved on July 7, 2006.
4
1
2006-09-05
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Approval by parliament of a new law on credit institutions, to allow implementation of Basel II.
2
09/30/2006
M
At P1R4, this law was approved on July 13, 2006.
4
2
2006-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Approval of legal provisions requiring leasing companies to report regularly their ownership structure and financial operations.
3
12/31/2005
M
At P1R2, under the foreign exchange law the BNB has requested leasing companies to report on their income statements and balance sheets on a quarterly basis with effect from September 30, 2005.
4
3
2005-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
27
8. International trade policy, excluding customs reforms
Approval by parliament of a law on duty free trade specifying limits on individual purchases of goods and fuels and strengthened controls.
6
06/30/2006
PM
At P1R3, the draft law was submitted to parliament on June 8, 2006, and is expected to be passed by parliament on August 31, 2006.
4
6
2006-06-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
28
9. Labor markets, excluding public sector employment
Adoption of a decree that eliminates the portability of the seniority bonus and submission to parliament of an amendment to the labor code that facilitates work outside regular hours
1
12/31/2004
NM
At P1R1, working group comprising social partners has been set up but agreement is unlikely in the immediate future due to union opposition. Eliminating portability of the seniority bonus for unemployed is now SB for December 31, 2005. Submission of draft legislation to parliament to increase working time flexibility is SB for September 30, 2005.
4
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
28
9. Labor markets, excluding public sector employment
Submission to parliament of legislation to increase work time flexibility, as agreed with the social partners.
2
09/30/2005
MOD-DATE
At P1R2, the change in government has caused a slippage in completing the measure on time.  The new government has set up an intergovernmental working group involving social partners. The first meeting of the working group was on January 10, 2006.  Agreement with social partners to that effect is sb for March 31, 2006 and submission to parliament of legislation increasing working time flexibility is sb for June 30, 2006.  At P1R2, change in descriptor from "submission to parliament of a draft law raising the legal limits on maximum working hours, lengthening calculation periods, and expanding the reasons for work outside regular hours", to "submission to parliament of legislation to increase work time flexibility, as agreed with the social partners" (6/30/06 test date).
4
2
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
28
9. Labor markets, excluding public sector employment
Submission to parliament of legislation to increase work time flexibility, as agreed with the social partners.
2
06/30/2006
M
For P1R3, the amendment to the Labor Code to increase the limit on working hours from 40 to 48 hours per week, increase working time calculation period from 4 to 6 months was approved by parliament on May 31, 2006.
4
2
2006-06-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
28
9. Labor markets, excluding public sector employment
Issuance of a government decree eliminating the portability of the seniority premium in the case of unemployment.
3
12/31/2005
NM
Due to the change in government the measure has slipped beyond the envisaged completion date. The new government has set up an intergovernmental working group involving social partners which first meeting was on January 10, 2006.  Agreement with social partners to eliminate the seniority bonuses is sb for March 31, 2006, and adoption of a decree eliminating the seniority bonuses is sb for June 30, 2006.
4
3
2005-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
28
9. Labor markets, excluding public sector employment
Agreement with social partners to increase work time flexibility by raising the legal limits on maximum working hours, lengthening calculation periods, and expanding the reasons for work outside regular hours.
4
03/31/2006
PM
At P1R3, draft amendments to the Labor Code envisaging raising the maximum working hours under labor contracts from 40 to 48 hours per week were adopted by the National Tripartite Council on March 16, 2006. The draft did not include the lengthening of the working time calculation period, which was later introduced in parliament and agreed by social partners on May 18, 2006.
4
4
2006-03-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
28
9. Labor markets, excluding public sector employment
Agreement with social partners on a solution repealing the obligatory character of the portability of seniority bonuses in the case of unemployment, change of employer, or job position.
5
03/31/2006
MOD-DATE
At P1R3, not met. Discussions with trade unions and employers are still ongoing, with new 12/31/06 test date set.
4
5
2006-03-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
28
9. Labor markets, excluding public sector employment
Agreement with social partners on a solution repealing the obligatory character of the portability of seniority bonuses in the case of unemployment, change of employer, or job position.
5
12/31/2006
M
At P1R4, agreement reached in September 2006. This was formalized on January 11, 2006, when the Council of Ministers adopted a regulation on the structure and organization of the working salary that becomes effective July 1, 2007. The regulation provides for the removal of the automatic portability of seniority bonuses and allows different firms to set their own specific seniority bonuses based on limits set by collective labor agreements.
4
5
2006-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
28
9. Labor markets, excluding public sector employment
Adoption of a decree repealing the obligatory character of the portability of seniority bonuses in the case of unemployment, change of employer, or job position.
6
06/30/2006
NM
At P1R3, an agreement with social partners could not be reached. Reaching an agreement with social partner on this issue is now a sb for P1R4 (12/31/2006).
4
6
2006-06-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Submission to parliament of amendments to the companies law, the civil procedure code, and any other legal instruments necessary to transfer business registration to a nonjudicial administrative body and establish a unified national electronic register with limited judicial oversight and simplified administrative procedures
1
12/31/2004
MOD-PA
At P1R1, delay due to opposition from the independent judiciary. Interinstitutional working group strategy to be approved by the COM was a PA under the First Review and submission of laws to parliament is SB for September 30, 2005.
4
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SB
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Submit to parliament draft legislation to transfer business registration to a nonjudicial administrative body and establish a unified national electronic register with limited judicial oversight and simplified administrative procedures.
2
09/30/2005
MD
At P1R2, draft legislation was approved by the Council of Ministers on January 12, 2006 and submitted to parliament on January 28, 2006.Approval by parliament of legislation is a prior action for completion of the second review.
4
2
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
20.1
1.1. Revenue measures, excluding trade policy
Approval by parliament of the new VAT law
3
04/30/2006
WMOD-PA
Not met for P1R3 and was converted to a PA. The executive board approved a waiver at P1R3. Upgraded to a pa, and approved by parliament on July 20, 2006.
4
3
2006-04-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
20.1
1.1. Revenue measures, excluding trade policy
No reduction of tax rates and bases.
4
03/31/2006
M
Met for P1R3.  P1R3 specified that this PC would only apply until the end of 2006.
4
4
2006-03-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
20.1
1.1. Revenue measures, excluding trade policy
No reduction of tax rates and bases.
4
12/31/2006
M
Met for P1R4. This criterion only applied until the end of 2006.
4
4
2006-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
20.1
1.1. Revenue measures, excluding trade policy
No reduction of tax rates and bases.
4
Continuous
PC
Continuous PC, introduced at P1R2.  P1R2 allowed for the reduction in social security contribution to lower nonwage labor costs.
4
4
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
20.2
1.2. Revenue administration, including customs
Approval by parliament of legislation to use the Bulstat number as the single identification for all tax and social security payments.
1
12/31/2004
WMOD-PA
Converted to PA at P1R1, and adopted by Parliament on April 27, 2005.
4
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
20.2
1.2. Revenue administration, including customs
Adoption by parliament of the NRA procedural code
2
09/30/2005
W
Prior to P1R1, was previously a SB.  First reading of the code was a PA under the First Review of the SBA and was passed on first reading on April 19, 2005.Adopted on December 21, 2005.  Lag due to delay in forming a new government and priority given to EU accession related legislation.
4
2
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
20.5
1.5. Debt Management
Establishment of a register which covers all municipal borrowing and is ready to receive data.
1
12/31/2006
M
At P1R4, the Municipal Debt Register was established for all 264 municipalities which were registered and authorized in the system.
4
1
2006-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
20.6
1.6. Expenditure auditing, accounting, and financial controls
Incorporation into the Treasury Single Account (TSA) of the lev-denominated accounts of all autonomous budgetary entities currently outside the TSA (i.e. all entities of the judicial system, the teachers' pension fund, and all state universities.
1
12/31/2004
WMOD-SPC
Expenditure accounts of judiciary have not been incorporated into the TSA and is an end September 2005 PC
4
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
20.6
1.6. Expenditure auditing, accounting, and financial controls
Incorporation of all lev-denominated expenditure accounts of the judicial system in the budgetary payments system (SEBRA).
2
09/30/2005
W
Incorporation into the Treasury Single Account of all lev-denominated accounts of all autonomous budgetary entities was a SPC for P1R1. This was partially completed except for the expenditure accounts of the judiciary which this SPC addresses.  At P1R2, accounts were incorporated into SEBRA on October 17, 2005.  The delay was due to technical requirements.
4
2
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
23.2
4.2. Other social sector reforms (e.g., social safety nets, health and education)
Approval of a law giving the NSSI authority from January 1, 2005 to have its own medical experts verfiy and recertify any disability certification issued before Jnauary 1, 2005; and requiring the NSSI to have its own medical experts recertify all disability certifications issued from this date.
1
12/31/2004
M
N/A
4
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Selection of winning bids for the sale of seven electricity distribution companies.
1
09/30/2004
M
N/A
4
1
2004-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Selection of winning bids for the sale of three large thermal electricity companies (Varna EAD, Ruse EAD, and Bobov Dol EAD)
2
09/30/2005
W
At P1R2, the winning bidder for Varna EAD and Ruse EAD was selected, although privatization has failed due to unacceptable additional demands of the bidder and ruling of the competition agency against selling both plants to the same bidder. The tender for the Bobov Dol power plant was canceled due to unsatisfactory offers.Selection of winning bidders for the Varna and Ruse electricity generation companies is structural performance criterion for June 30, 2006.  A waiver is requested since the deal of the Bobov Dol power plant was challenged and blocked in the courts.  
4
2
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Selection of the winning bidders for the Rousse and Varna electricity generation companies.
3
06/30/2006
W
Not met (implemented partially) at P1R3. The executive board approved a waiver at P1R3. The privatization of the Varna electricity generating company was completed on April 24, 2006. The privatization of Rousse power plant was blocked by the decision of Commission for Protection of Competition. In February 2006, the Privatization Agency cancelled the procedure as the bid from the second bidder was unsatisfactory. A new tender is expected to be issued by July 25, 2006.  The selection of winning bid for Rousse electricity generation company is spc for October 31, 2006.
4
3
2006-06-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
24.2
5.2. Privatization, public enterprise reform and restructuring, other than pricing
Selection of winning bids for the western and eastern plants of Rousse district heating company.
4
10/31/2006
W
At P1R4, the western plant (Thermo-Electrio Power Plant (TPP)) "Ruse-West" was sold on September 15, 2006, but the winning bidder for the Ruse District Heating Company was selected only on December 7, 2006.
4
4
2006-10-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
25.1
6.1. Financial sector legal reforms, regulation, and supervision
Reduction of the proportion of cash in vault usable for fulfilling reserve requirements to 50 percent.
1
10/01/2004
M
N/A
4
1
2004-10-01
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
26
7. Exchange systems and restrictions (current and capital)
No imposition of new or intensification of existing restrictions on the making of payments and transfers for current international transactions, nor introduction or modification of multiple currency practices, nor conclusion of any bilateral payments arrangements that are inconsistent with Article VIII of the IMF Articles of Agreement, nor imposition or intensification of any import restrictions for balance of payments purposes, nor accumulation of any external payments arrears.
1
12/31/2004
M
Met for P1R1.
4
1
2004-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
26
7. Exchange systems and restrictions (current and capital)
No imposition of new or intensification of existing restrictions on the making of payments and transfers for current international transactions, nor introduction or modification of multiple currency practices, nor conclusion of any bilateral payments arrangements that are inconsistent with Article VIII of the IMF Articles of Agreement, nor imposition or intensification of any import restrictions for balance of payments purposes, nor accumulation of any external payments arrears.
1
09/30/2005
M
Met for P1R2.
4
1
2005-09-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
26
7. Exchange systems and restrictions (current and capital)
No imposition of new or intensification of existing restrictions on the making of payments and transfers for current international transactions, nor introduction or modification of multiple currency practices, nor conclusion of any bilateral payments arrangements that are inconsistent with Article VIII of the IMF Articles of Agreement, nor imposition or intensification of any import restrictions for balance of payments purposes, nor accumulation of any external payments arrears.
1
03/31/2006
M
Met for P1R3.
4
1
2006-03-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
26
7. Exchange systems and restrictions (current and capital)
No imposition of new or intensification of existing restrictions on the making of payments and transfers for current international transactions, nor introduction or modification of multiple currency practices, nor conclusion of any bilateral payments arrangements that are inconsistent with Article VIII of the IMF Articles of Agreement, nor imposition or intensification of any import restrictions for balance of payments purposes, nor accumulation of any external payments arrears.
1
03/16/2007
M
Met for P1R4.
4
1
2007-03-16
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
26
7. Exchange systems and restrictions (current and capital)
No imposition of new or intensification of existing restrictions on the making of payments and transfers for current international transactions, nor introduction or modification of multiple currency practices, nor conclusion of any bilateral payments arrangements that are inconsistent with Article VIII of the IMF Articles of Agreement, nor imposition or intensification of any import restrictions for balance of payments purposes, nor accumulation of any external payments arrears.
1
Continuous
PC
Continuous PC. Introduced at P1R0.
4
1
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
28
9. Labor markets, excluding public sector employment
The monthly minimum wage not to exceed BGN 160
1
03/31/2006
M
Met for P1R3.
4
1
2006-03-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
28
9. Labor markets, excluding public sector employment
The monthly minimum wage not to exceed BGN 160
1
12/31/2006
PC
Met for P1R4. This criterion only applied until the end of 2006.
4
1
2006-12-31
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
28
9. Labor markets, excluding public sector employment
The monthly minimum wage not to exceed BGN 160
1
Continuous
PC
Continuous pc, introduced at P1R2.
4
1
2023-09-23
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Start-up of operations of the new business register, at least for all new business registrations.
1
06/30/2006
WMOD-SPC
Not met. The executive board approved a waiver at P1R3. The President vetoed the law that was passed as prior action for P1R2. The veto was later overruled by parliament. However, the law will enter into force on October 1, 2006.  Start-up of operations of the new business register is now SPC for October 1, 2006 for P1R4.
4
1
2006-06-30
N/A
N/A
N/A
N/A
549
BULGARIA
918
SBA
2004-08-06
2,004
2006-09-05
2,006
2007-03-31
N/A
N/A
2007-03-16
P1
R4
L
SPC
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Acceptance of new company registrations by the new business register established by legislation enacted on April 25, 2006.
2
10/01/2006
W
At P1R4, the start-up of the business registry was postponed to July 1, 2007.
4
2
2006-10-01
N/A
N/A
N/A
N/A
514
BURKINA FASO
748
PRGF
2003-06-11
2,003
2006-06-10
2,006
N/A
N/A
N/A
2003-06-11
P1
R0
E
PA
20.8
1.8. Budget preparation (e.g., submission or approval)
Submission to the National Assembly of the amended 2003 draft budget law, as described in paragraph 15 of the MEFP 2003-06.
1
Program Prior Action
M
N/A
0
1
2023-09-23
N/A
N/A
N/A
N/A
514
BURKINA FASO
748
PRGF
2003-06-11
2,003
2006-06-10
2,006
N/A
N/A
N/A
2003-06-11
P1
R0
E
PA
20.8
1.8. Budget preparation (e.g., submission or approval)
Submission to the National Assembly of the 1995-2000 draft annual audited budget acts, as described in paragraph 16 of MEFP 2003-06.
2
Program Prior Action
M
N/A
0
2
2023-09-23
N/A
N/A
N/A
N/A
514
BURKINA FASO
748
PRGF
2003-06-11
2,003
2006-06-10
2,006
N/A
N/A
N/A
2003-06-11
P1
R0
E
SB
20.8
1.8. Budget preparation (e.g., submission or approval)
Adoption by the government of the WAEMU budgetary nomenclature with specific codes for identifying social expenditure and expenditure financed under the HIPC Initiative, as described in paragraph 16.
1
09/30/2003
SB
N/A
0
1
2003-09-30
N/A
N/A
N/A
N/A
514
BURKINA FASO
748
PRGF
2003-06-11
2,003
2006-06-10
2,006
N/A
N/A
N/A
2003-06-11
P1
R0
E
SB
20.8
1.8. Budget preparation (e.g., submission or approval)
Submission to the National Assembly of the 2004 draft budget law, as described in paragraph 15.
2
09/30/2003
SB
N/A
0
2
2003-09-30
N/A
N/A
N/A
N/A
514
BURKINA FASO
748
PRGF
2003-06-11
2,003
2006-06-10
2,006
N/A
N/A
N/A
2003-06-11
P1
R0
E
SB
20.8
1.8. Budget preparation (e.g., submission or approval)
Submission to the National Assembly of the 2001 draft annual audited budget act, as described in paragraph 16.
3
09/30/2003
SB
N/A
0
3
2003-09-30
N/A
N/A
N/A
N/A
514
BURKINA FASO
748
PRGF
2003-06-11
2,003
2006-06-10
2,006
N/A
N/A
N/A
2003-06-11
P1
R0
E
SB
30.1
11.1. Private sector legal and regulatory environment reform (non financial sector)
Implementation of the automatic price structure adjustment mechanism for petroleum products in relation to costs, as described in paragraph 24.
1
Continuous
SB
N/A
0
1
2023-09-23
N/A
N/A
N/A
N/A