{
  "title": "Bolivia: 2009 Article IV Consultation: Staff Report; Staff Supplement; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bolivia",
  "publication": "IMF Staff Country Reports, January 27, 2010",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/bolivia-2009-article-iv-consultation-staff-report-staff-supplement-staff-statement-public-23582",
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  "summary": "The staff report for Bolivia’s 2009 Article IV Consultation describes economic developments and policies. The impact of the global recession on Bolivia has been milder than in other countries in the region.",
  "sections": [
    {
      "heading": "Economic developments and outlook",
      "content": "- The staff report describes economic developments and policies during Bolivia’s 2009 Article IV Consultation.\n- The impact of the global recession on Bolivia has been milder than in other countries in the region.\n- As the economy gathers momentum, a tighter monetary policy is recommended to reduce the risks of:\n  - excessive credit creation,\n  - foreign-exchange pressures, and\n  - a pick-up in inflation."
    },
    {
      "heading": "External sector",
      "content": "- Lower commodity exports and remittances have resulted in a sharp narrowing of the external current account surplus."
    },
    {
      "heading": "Financial system",
      "content": "- The financial system has been barely affected by the global crisis owing to its limited integration with international capital markets."
    },
    {
      "heading": "Policy implications and priorities",
      "content": "- Tighten monetary policy to address:\n  - risks associated with rapid credit growth,\n  - potential foreign-exchange pressures, and\n  - upward pressure on inflation.\n\n---\n\n Content in this bundle\n\n- cr1027\n  - cr1027 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr1027 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: January 27, 2010",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451805864.002",
    "The staff report describes economic developments and policies during Bolivia’s 2009 Article IV Consultation.",
    "The impact of the global recession on Bolivia has been milder than in other countries in the region.",
    "As the economy gathers momentum, a tighter monetary policy is recommended to reduce the risks of:",
    "Lower commodity exports and remittances have resulted in a sharp narrowing of the external current account surplus.",
    "The financial system has been barely affected by the global crisis owing to its limited integration with international capital markets.",
    "Tighten monetary policy to address:",
    "**_cr1027**"
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