Bolivia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia
IMF Staff Country Reports, August 4, 2021
Source details
- Canonical URL
- Bolivia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia
Other formats
Bibliographic details
- Published: August 4, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513593050.002
Summary and context
- Following the October 2020 election, the new administration moved to tackle the devastating human and economic effects of the COVID-19 pandemic.
- The economy shows signs of recovery from its 8.8 percent contraction in 2020.
- Fiscal imbalances have increased and international reserves continue to fall.
- On February 12, Bolivia repurchased the 240.1 million SDR purchase under the Fund’s Rapid Financing Instrument (that was approved by the Fund’s Executive Board in April 2020).
Macroeconomic developments and indicators
- GDP contraction in 2020: 8.8 percent.
- Recovery: economy shows signs of recovery (no quantitative post-2020 growth rates provided on the page).
- International reserves: described as continuing to fall (no numeric level provided on the page).
- Fiscal position: fiscal imbalances have increased (no numeric fiscal balance provided on the page).
Policy actions and international financial operations
- Repurchase: On February 12, Bolivia repurchased the 240.1 million SDR purchase under the Fund’s Rapid Financing Instrument.
- RFI approval: The RFI purchase was approved by the Fund’s Executive Board in April 2020.
Publication and metadata
- Publication title: Bolivia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia
- Publication date: August 4, 2021
- Series: Country Report No. 2021/180
- Volume: 2021
- Issue: 180
- Pages: 61
- DOI: https://doi.org/10.5089/9781513593050.002
- Stock No: 1BOLEA2021001
- ISBN: 9781513593050
- ISSN: 1934-7685
- Subjects: COVID-19, Economic sectors, Exchange rate flexibility, Foreign exchange, Health, International organization, Monetary policy, Public debt, Public sector
- Keywords: Caribbean, COVID-19, Exchange rate flexibility, Global, government administration, health personnel, IMF staff visit, import substitution policy, one-off expenditure item, Public sector, U.S. dollar
Source: Bolivia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia (IMF Staff Country Report No. 2021/180, August 4, 2021).
Content in this bundle
- 1bolea2021001