{
  "title": "Bolivia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia",
  "publication": "IMF Staff Country Reports, December 22, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/bolivia-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44479",
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  "summary": "This 2016 Article IV Consultation highlights Bolivia’s substantial economic and social progress, boosted by the commodity boom. Growth has been strong, averaging about 5 percent since 2006, and poverty has fallen by a third.",
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    {
      "heading": "Summary findings",
      "content": "- Bolivia experienced substantial economic and social progress, boosted by the commodity boom.\n- Growth has been strong, averaging about 5 percent since 2006.\n- Poverty has fallen by a third.\n- Authorities built up sizable buffers and largely dedollarized the financial system.\n- Real GDP growth is projected at 3.7 percent in 2016.\n- In the medium term, growth is expected to converge toward 3.5 percent, consistent with the new commodity price normal.\n- Persistent twin deficits are noted as an ongoing structural issue."
    },
    {
      "heading": "Key economic indicators and trends",
      "content": "- Real GDP growth: projected at 3.7 percent in 2016.\n- Medium-term growth projection: converge toward 3.5 percent.\n- Historical growth average: about 5 percent since 2006.\n- Poverty reduction: fallen by a third.\n- Financial system: largely dedollarized.\n- Fiscal/sectoral condition: sizable buffers built; persistent twin deficits."
    },
    {
      "heading": "Analytical context",
      "content": "- The report links Bolivia’s advances in growth and poverty reduction to the commodity boom.\n- The medium-term outlook reflects adjustment to a \"new commodity price normal.\"\n- Despite solid growth by regional standards in 2016, structural vulnerabilities remain via twin deficits."
    },
    {
      "heading": "Thematic coverage (as listed)",
      "content": "- Banking\n- Commodity prices\n- Credit\n- Economic sectors\n- Money\n- National accounts\n- Prices\n- Public debt\n- Public sector\n\nSource: Bolivia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia (December 22, 2016).\n\n---\n\n Content in this bundle\n\n- cr16387\n  - cr16387 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr16387 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: December 22, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475561982.002",
    "Bolivia experienced substantial economic and social progress, boosted by the commodity boom.",
    "Growth has been strong, averaging about 5 percent since 2006.",
    "Poverty has fallen by a third.",
    "Authorities built up sizable buffers and largely dedollarized the financial system.",
    "Real GDP growth is projected at 3.7 percent in 2016.",
    "In the medium term, growth is expected to converge toward 3.5 percent, consistent with the new commodity price normal.",
    "Persistent twin deficits are noted as an ongoing structural issue.",
    "Real GDP growth: projected at 3.7 percent in 2016.",
    "Medium-term growth projection: converge toward 3.5 percent.",
    "Historical growth average: about 5 percent since 2006.",
    "Poverty reduction: fallen by a third.",
    "Financial system: largely dedollarized.",
    "Fiscal/sectoral condition: sizable buffers built; persistent twin deficits.",
    "The report links Bolivia’s advances in growth and poverty reduction to the commodity boom.",
    "The medium-term outlook reflects adjustment to a \"new commodity price normal.\"",
    "Despite solid growth by regional standards in 2016, structural vulnerabilities remain via twin deficits.",
    "**_cr16387**"
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