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

November 2, 2005

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Format: Chicago

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, (USA: International Monetary Fund, 2005) accessed November 22, 2024

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.

Subject: Banking, Credit, Currencies, Economic sectors, Government debt management, Money, Public debt, Public financial management (PFM), Public sector

Keywords: Budget constraint, Budget proposal, CR, Credit, Currencies, Draft budget framework law, Draft law, Financial system deposit, Government debt management, Hydrocarbon revenue, ISCR, Program inflation target, Proposal, Public sector

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/393
Stock No:

1BOLEA2005003
ISBN:

9781451805796
ISSN:

1934-7685

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