Politics | November 6, 2001, Tuesday // 00:00

The Bulgarian Prime Minister Saxe-Coburg had a meeting with Pieter Stek, Executive Director of the World Bank's Netherlands Constituency Group. Pieter Stek is visiting Bulgaria as part of his tour of countries of the Netherlands Constituency, such as Moldova and the Netherlands. The aim of the visit to Bulgaria is to meet the economic team of the new Bulgarian government and to get acquainted with its economic priorities. Stek is visiting Bulgaria at the invitation of Finance Minister Velchev in his capacity as governor for Bulgaria, which is a shareholder in the World Bank Group. After the meeting with the Bulgarian Prime Minister, Stek said that he thinks it possible that the World Bank signs an agreement with Bulgaria by May or June next year. The World Bank Board of Directors is expected to consider the Bulgarian strategy in December. The earliest funding by it can be expected is July since this is when the fiscal year starts for the World Bank.

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