IMF Staff Country Reports

Bolivia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia

August 4, 2021

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Format: Chicago

International Monetary Fund. Western Hemisphere Dept. "Bolivia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia", IMF Staff Country Reports 2021, 180 (2021), accessed 12/7/2025, https://doi.org/10.5089/9781513593050.002

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Summary

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. However, 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).

Subject: 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