Bolivia: 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bolivia
January 29, 2009
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This 2008 Article IV Consultation highlights that Bolivia’s overall fiscal position has improved in 2008. Booming hydrocarbon and mining exports, together with high remittance inflows, led to a record-high current account surplus and large reserve accumulation, with major pressures on monetary/exchange rate policy during the first three quarters of 2008. Executive Directors have noted that strong hydrocarbon and mining exports have continued to support Bolivia’s growth and macroeconomic performance. Directors have also emphasized the importance of well-designed structural reforms for further strengthening Bolivia’s fiscal position.
Subject: Currencies, Economic sectors, Fiscal policy, Fiscal stance, Inflation, Money, Prices, Public debt, Public sector
Keywords: Bolivian authorities, CBB authorities, CR, Currencies, debt ratio, debt service, financial system, Fiscal stance, Global, government, growth performance, head-line inflation, Inflation, inflation expectation, ISCR, NPV, Public sector
Pages:
58
Volume:
2009
DOI:
Issue:
027
Series:
Country Report No. 2009/027
Stock No:
1BOLEA2009001
ISBN:
9781451805857
ISSN:
1934-7685
