IMF Staff Country Reports

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

December 22, 2017

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Bolivia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Authorities of Bolivia, (USA: International Monetary Fund, 2017) accessed December 3, 2024

Summary

This 2017 Article IV Consultation highlights that Bolivia’s real GDP is expected to grow by 4 percent in 2017, relatively strong by regional standards. Accommodative fiscal policy, strong credit growth, and robust private consumption are expected to continue supporting activity while the fiscal and external current account deficits are likely to persist in the medium term. With weak private investment and the end of the commodity boom, growth is forecast to moderate gradually to 3.7 percent in the medium term. Key risks to this outlook include failure to discover new natural gas fields, further dollar strength, or lower-than-expected gas and minerals prices.

Subject: Banking, Central banks, Credit, Fiscal policy, Fiscal stance, International reserves, Money, Public debt

Keywords: Base inflation projection, Bolivia, Central bank, Commodity price outlook, Countercyclical policy, CR, Credit, Credit policy, Development policies of the government, Economy, Exchange rate, Fiscal stance, Fuel price subsidy, Global, Government, International reserves, ISCR, Lending to enterprise, Minerals price, Policy

Publication Details

  • Pages:

    89

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/395

  • Stock No:

    1BOLEA2017001

  • ISBN:

    9781484334683

  • ISSN:

    1934-7685