Stanley Fischer, former First Deputy Managing Director of the International Monetary Fund, was appointed economic adviser to the Cabinet of Simeon Saxe-Coburg. Fischer is to arrive in Bulgaria on April 3 – April 4 and hold meetings with the Prime Minister and Finance Minister Milen Velchev. As of 2002 Stanley Fischer has been Deputy Chairman of Citigroup, whose division Salomon Smith Barney signed a contract with the Finance Ministry on foreign debt restructuring March 6. Stanley Fischer served as First Deputy Managing Director of the International Monetary Fund from September 1994 to August 2001 and as Special Adviser to the Managing Director from September 1, 2001 until January 31, 2002. From January 1988 to August 1990 he served as Vice President, Development Economics and Chief Economist at the World Bank. Mr. Fischer was born in Zambia in 1943He became Professor of Economics in 1977.