Bolivia: 2009 Article IV Consultation: Staff Report; Staff Supplement; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bolivia

January 27, 2010

Preview Citation

Format: Chicago

Bolivia: 2009 Article IV Consultation: Staff Report; Staff Supplement; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bolivia, (USA: International Monetary Fund, 2010) accessed November 22, 2024

Summary

The staff report for Bolivia’s 2009 Article IV Consultation describes economic developments and policies. The impact of the global recession on Bolivia has been milder than in other countries in the region. Lower commodity exports and remittances have resulted in a sharp narrowing of the external current account surplus. The financial system has been barely affected by the global crisis owing to its limited integration with international capital markets. As the economy gathers momentum, a tighter monetary policy is needed to reduce the risks of excessive credit creation, foreign-exchange pressures, and a pick-up in inflation.

Subject: Banking, Credit, Economic sectors, Expenditure, External debt, Money, Public debt, Public investment spending, Public sector

Keywords: Bolivia, CBB authority, CR, Credit, Foreign currency, Global, Government, IDB lending, Investment project, ISCR, Private sector employee, Public sector, South America, Spending, Spending envelope

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/027
Stock No:

1BOLEA2010001
ISBN:

9781451805864
ISSN:

1934-7685

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