{
  "title": "Bolivia: Staff Report for the 2006 Article IV Consultation",
  "publication": "IMF Staff Country Reports, July 26, 2006",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/bolivia-staff-report-for-the-2006-article-iv-consultation-19472",
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  "summary": "Despite good economic reforms, macroeconomic stability, and a major expansion of the hydrocarbon sector, Bolivia still achieved only modest gains in poverty reduction.",
  "sections": [
    {
      "heading": "Executive summary and major findings",
      "content": "- Despite good economic reforms, macroeconomic stability, and a major expansion of the hydrocarbon sector, Bolivia still achieved only modest gains in poverty reduction.\n- Executive Directors stressed the importance of fiscal prudence, domestic taxation, and strengthening of public expenditure management to ensure fiscal sustainability.\n- The central bank was commended for its monetary policy stance.\n- The report highlights the need to attain greater equity, transparency, and accountability underpinned by cautious macroeconomic policies.\n- Directors underscored that Bolivia may face a competitive external environment for its nontraditional exports in the period ahead."
    },
    {
      "heading": "Policy recommendations and priorities",
      "content": "- Fiscal prudence to preserve sustainability.\n- Strengthening domestic taxation to broaden the revenue base.\n- Enhancing public expenditure management for improved fiscal outcomes.\n- Maintain a cautious macroeconomic policy framework to support equity, transparency, and accountability.\n- Continued prudent monetary policy as executed by the central bank."
    },
    {
      "heading": "Subject areas and keywords (as listed)",
      "content": "- Subject: Banking, Central banks, Credit, Economic sectors, International reserves, Money, Natural gas sector, Public debt, Public sector\n- Keywords: authorities' objective, authority, Bolivian authorities, CR, Credit, Global, governments of Bolivia, International reserves, ISCR, managed float regime, Natural gas sector, Policy approach, Public sector, state, state oil company\n\n---\n\n Content in this bundle\n\n- Bolivia: IMF Staff Report Excerpts\n  - Bolivia: IMF Staff Report Excerpts (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Bolivia: IMF Staff Report Excerpts (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 26, 2006",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451805802.002",
    "Despite good economic reforms, macroeconomic stability, and a major expansion of the hydrocarbon sector, Bolivia still achieved only modest gains in poverty reduction.",
    "Executive Directors stressed the importance of fiscal prudence, domestic taxation, and strengthening of public expenditure management to ensure fiscal sustainability.",
    "The central bank was commended for its monetary policy stance.",
    "The report highlights the need to attain greater equity, transparency, and accountability underpinned by cautious macroeconomic policies.",
    "Directors underscored that Bolivia may face a competitive external environment for its nontraditional exports in the period ahead.",
    "Fiscal prudence to preserve sustainability.",
    "Strengthening domestic taxation to broaden the revenue base.",
    "Enhancing public expenditure management for improved fiscal outcomes.",
    "Maintain a cautious macroeconomic policy framework to support equity, transparency, and accountability.",
    "Continued prudent monetary policy as executed by the central bank.",
    "Subject: Banking, Central banks, Credit, Economic sectors, International reserves, Money, Natural gas sector, Public debt, Public sector",
    "Keywords: authorities' objective, authority, Bolivian authorities, CR, Credit, Global, governments of Bolivia, International reserves, ISCR, managed float regime, Natural gas sector, Policy approach, Public sector, state, state oil company",
    "**Bolivia: IMF Staff Report Excerpts**"
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