IMF Staff Country Reports

Bolivia : Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

May 29, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Bolivia has requested a purchase under the RFI to cover the urgent balance of payments need arising from an ongoing shift in its terms of trade, slowdown in capital flows, and sudden increase in health care expenditure needs, precipitated by the COVID-19 epidemic. Staff assess that Bolivia meets the eligibility requirements for the RFI. Public debt is sustainable, and Bolivia has adequate capacity to repay the Fund.

Series:

Country Report No. 2020/182

Subject:

Balance of payments need Central Banks Economic conditions External sector Rapid Financing Instrument (RFI) Real sector