Bolivia: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia

December 18, 2015

Preview Citation

Format: Chicago

Bolivia: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia, (USA: International Monetary Fund, 2015) accessed November 22, 2024

Summary

This 2015 Article IV Consultation highlights that Bolivia has achieved strong economic performance and poverty reduction over the past decade. Real GDP growth has averaged about 5 percent since 2006, and the poverty ratio has declined by 16 percentage points. Real GDP growth is projected to stay relatively strong at 4.1 percent in 2015, despite the sharp decline in oil prices that is starting to have an impact. A sizable public investment budget, strong credit growth to the private sector, and robust private consumption are expected to support activity. Growth is expected to decelerate to 3.5 percent over the medium term, as the full impact of the new commodity price normal is felt.

Subject: Banking, Credit, Economic sectors, Exchange rate flexibility, Fiscal policy, Fiscal stance, Foreign exchange, Money, National accounts, Public sector

Keywords: Bolivia, Commodity price normal, CR, Credit, Credit growth, Credit quota, Development plan, Exchange rate flexibility, Financial services law, Fiscal stance, Global, Growth to the private sector, IDB lending, IMF staff, ISCR, Monetary policy, Poverty ratio, Price, Private sector, Public sector, South America, U.S. dollar

Publication Details

Pages:

85
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/334
Stock No:

1BOLEA2015001
ISBN:

9781513588278
ISSN:

1934-7685

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