Bolivia: Sixth Review Under the Stand-By Arrangement and Requests for Modification and Waiver of Nonobservance and Applicability of Performance Criteria, Rephasing, and Reduction of Access
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Summary:
The staff report for the Sixth Review under the Stand-By Arrangement and Requests for Waiver of Performance Criteria on Bolivia highlights economic developments and preliminary macroeconomic framework. The economy is characterized by a number of vulnerabilities that require policy vigilance. These include a highly dollarized financial system subject to deposit runs and a fiscal position sensitive to revenue/expenditure-sharing arrangements between the central and subnational governments. Policies to ensure continued macroeconomic stability will provide continuity and a framework for sound policy action by the successor government.
Series:
Country Report No. 2005/393
Subject:
Banking Credit Currencies Economic sectors Government debt management Money Public debt Public financial management (PFM) Public sector
English
Publication Date:
November 2, 2005
ISBN/ISSN:
9781451805796/1934-7685
Stock No:
1BOLEA2005003
Pages:
67
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