Bolivia: 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bolivia
IMF Staff Country Reports, January 29, 2009
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- Bolivia: 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bolivia
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Bibliographic details
- Published: January 29, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451805857.002
Macroeconomic findings
- Bolivia’s overall fiscal position improved in 2008.
- Booming hydrocarbon and mining exports, together with high remittance inflows, led to a record-high current account surplus.
- Large reserve accumulation occurred in 2008.
- Major pressures on monetary/exchange rate policy were experienced during the first three quarters of 2008.
- Executive Directors noted that strong hydrocarbon and mining exports have continued to support Bolivia’s growth and macroeconomic performance.
Policy analysis and recommendations
- Directors emphasized the importance of well-designed structural reforms for further strengthening Bolivia’s fiscal position.
Subjects and key themes covered
- Currencies, Economic sectors, Fiscal policy, Fiscal stance, Inflation, Money, Prices, Public debt, Public sector
- Keywords appearing in the report: Bolivian authorities, CBB authorities, CR, Currencies, debt ratio, debt service, financial system, Fiscal stance, Global, government, growth performance, head-line inflation, Inflation, inflation expectation, ISCR, NPV, Public sector