Bolivia: Second Review Under the Stand-By Arrangement and Request for Waiver of Applicability and Modification of Performance Criteria—Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Bolivia

January 14, 2004

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Format: Chicago

Bolivia: Second Review Under the Stand-By Arrangement and Request for Waiver of Applicability and Modification of Performance Criteria—Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Bolivia, (USA: International Monetary Fund, 2004) accessed September 19, 2024

Summary

Bolivia’s pursuit of structural reforms has begun to yield results despite the difficult social and political context. The fiscal performance under the program needs to be substantially strengthened. The recent passage of the informal corporate workout law represents a substantial advance in financial and corporate restructuring. Executive Directors are in agreement with the government on the approach to reduce banking system fragility. To sustain economic growth, the pace of structural reforms has to be invigorated. Firm implementation of the program can achieve its goals.

Subject: Banking, Commercial banks, Credit, Exports, External debt, Financial institutions, International trade, Public debt, Tax law, Tax policy

Keywords: Commercial banks, CPI inflation rate, CR, Deficit, Exports, Financial system deposit, ISCR, Lender of last resort facilities, North America, Reform agenda, September, Tax law, Tax regularization scheme

Publication Details

Pages:

53
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/005
Stock No:

1BOLEA0012004
ISBN:

9781451805703
ISSN:

1934-7685

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