Bolivia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia

December 22, 2016

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Format: Chicago

Bolivia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia, (USA: International Monetary Fund, 2016) accessed December 22, 2024

Summary

This 2016 Article IV Consultation highlights Bolivia’s substantial economic and social progress, boosted by the commodity boom. Growth has been strong, averaging about 5 percent since 2006, and poverty has fallen by a third. During this time, the authorities built up sizable buffers and largely dedollarized the financial system. Real GDP growth is projected at 3.7 percent in 2016, which is still relatively strong by regional standards. In the medium term, growth is expected to converge toward 3.5 percent, consistent with the new commodity price normal, amid persistent twin deficits.

Subject: Banking, Commodity prices, Credit, Economic sectors, Money, National accounts, Prices, Public debt, Public sector

Keywords: Commodity prices, CR, Credit, Deficit, Free-on-board imports valuation, Global, ISCR, Merchandise trade balance, Public sector, Services trade balances, U.S. dollar, Water shortage

Publication Details

Pages:

91
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/387
Stock No:

1BOLEA2016001
ISBN:

9781475561982
ISSN:

1934-7685

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