Bulgaria and the World Bank on Wednesday discussed what the Bank could do to supporty the country’s efforts to achieve sustainable growth and bring the living standards of its population to EU levels over the next five years.

A World Bank team led by the Country Director for Central Europe and the Baltic Countries Mamta Murthi and the Country Manager for Bulgaria Tony Thompson discussed with Bulgarian cabinet ministers ideas about policies aimed at achieving an accelerated and sustainable growth through improving the business environment as well as policies relating to infrastructure and investment in labour force.

The participants in the meeting agreed that preserving the macroeconomic and social stability in Bulgaria is key to achieving sustainable growth, the government said in a statement after the meeting.

The World Bank will summarize its conclusions on the conditions and prerequisites for sustainable growth in a report expected to be released in the following weeks.