Bolivia: Fourth Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criteria

November 4, 2004

Summary

This paper discusses Bolivia’s Fourth Review Under the Stand-By Arrangement (SBA) and Request for Waiver of Nonobservance of Performance Criteria (PC). Economic activity in Bolivia is picking up, led by exports. Real GDP growth is projected to reach 3.8 percent in 2004. Inflation has increased but remains in low single digits. The current account surplus increased, although recent capital outflows more than offset the improvement. The 2004 program is broadly on track. Fiscal quantitative performance criteria (PCs) at end–June were also observed.

Subject: Banking, Credit, Exports, Government debt management, International trade, Money, Public debt, Public financial management (PFM), Revenue administration

Keywords: Bolivia's request, CR, Credit, exchange rate, Exports, government, Government debt management, government paper, hydrocarbons strategy, ISCR, medium-term sustainability, policy, poverty reduction outlay, SDR128.64, South America, strategy

Pages:
58
Volume:
2004
DOI:
https://doi.org/10.5089/9781451805765.002
Issue:
350
Series:
Country Report No. 2004/350
Stock No:
1BOLEA0032004
ISBN:
9781451805765
ISSN:
1934-7685

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