Bolivia: Staff Report for the 2003 Article IV Consultation, First Review Under the Stand-By Arrangement, and Request for Waiver of Performance Criteria
August 20, 2003
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Macroeconomic and financial vulnerabilities have intensified in recent years. Bolivia has adopted a program to stabilize the situation, and the program is broadly on track. Monetary policy is appropriately geared to support a gradual build-up of international reserves while ensuring needed liquidity for the financial system. A comprehensive strategy is being developed for the financial and corporate sectors. Executive Directors welcome the government's progress toward a medium-term economic program that will foster a higher rate of sustained growth and reduce poverty.
Subject: Banking, Central banks, Commercial banks, Economic sectors, External debt, Financial institutions, International reserves, Public debt, Public sector
Keywords: authority, Bolivia's performance, Bolivia's Stand-By Arrangement, CBB President, Commercial banks, CR, increase central bank autonomy, International reserves, ISCR, North America, Public sector, Stand-By Arrangement, term growth prospect
Pages:
89
Volume:
2003
DOI:
Issue:
257
Series:
Country Report No. 2003/257
Stock No:
1BOLEA0022003
ISBN:
9781451805734
ISSN:
1934-7685
