IMF Staff Country Reports

Bolivia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Authorities of Bolivia

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

December 22, 2017

Electronic Access:

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Summary:

Bolivia achieved impressive economic and social advances from 2004–14. Since the drop in commodity prices, the authorities have implemented countercyclical policies and an ambitious five-year investment plan (PDES). These have supported strong growth but contributed to large fiscal and external current account deficits and foreign reserve losses. In the context of low commodity prices and an expected decline in gas and minerals production, a rebalancing of policies is needed to preserve earlier social gains, limit the build-up in macro vulnerabilities, and support sustainable and inclusive growth.

Series:

Country Report No. 17/395

Subject:

Article IV consultation reports Commodity prices Economic growth Economic indicators Financial stability Fiscal policy Fiscal reforms Labor market reforms Monetary policy Press releases Social safety nets Staff reports