IMF Staff Country Reports

Bolivia : 2009 Article IV Consultation: Staff Report; Staff Supplement; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bolivia

Author/Editor:

International Monetary Fund

Publication Date:

January 27, 2010

Electronic Access:

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Summary:

The staff report for Bolivia’s 2009 Article IV Consultation describes economic developments and policies. The impact of the global recession on Bolivia has been milder than in other countries in the region. Lower commodity exports and remittances have resulted in a sharp narrowing of the external current account surplus. The financial system has been barely affected by the global crisis owing to its limited integration with international capital markets. As the economy gathers momentum, a tighter monetary policy is needed to reduce the risks of excessive credit creation, foreign-exchange pressures, and a pick-up in inflation.

Series:

Country Report No. 10/27

Subject:

Article IV consultation reports Bank supervision Economic growth Economic indicators Financial sector Fiscal policy Fiscal reforms Hydrocarbons Infrastructure Natural resources Political economy Public information Social safety nets Staff Reports