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Business | May 30, 2003, Friday // 00:00
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Bulgaria's foreign debt has dropped by nearly EUR 2 B, or a third of the country's GDP. Bulgaria's Finance Minister Milen Velchev said that during on-line conversation with Bulgarians and foreigners interested in the ministry's work.
He added that if Bulgaria continues to develop the same way the government would not renew the stand-by agreement with the International Monetary Fund.
Current agreement of Bulgaria with the Fund ends in February 2004.
He added that if Bulgaria continues to develop the same way the government would not renew the stand-by agreement with the International Monetary Fund.
Current agreement of Bulgaria with the Fund ends in February 2004.
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