Bolivia : Third Review Under the Stand-By Arrangement, Request for Waiver of Nonobservance of Performance Criteria, and Augmentation and Extension of the Stand-By Arrangement

Author/Editor:

International Monetary Fund

Publication Date:

July 9, 2004

Electronic Access:

Free Full Text (PDF file size is 835 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Bolivia’s Third Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criteria are discussed. The highly dollarized financial system suffered a renewed deposit run in October 2003, and conditions in the financial sector have remained fragile in 2004. Spending exceeded program targets by 0.7 percent of GDP, mostly owing to higher capital expenditure by municipalities, reflecting in part efforts to reduce social tensions. The authorities have allowed interest rates to increase in response to liquidity conditions and have been able to start placing a moderate amount of bonds.

Series:

Country Report No. 04/193

Subject:

English

Publication Date:

July 9, 2004

ISBN/ISSN:

9781451805741/1934-7685

Stock No:

1BOLEA0022004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

70

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