Bolivia: Staff Report for the 2006 Article IV Consultation

July 26, 2006

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Bolivia: Staff Report for the 2006 Article IV Consultation, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

Despite good economic reforms, macroeconomic stability, and a major expansion of the hydrocarbon sector, Bolivia still achieved only modest gains in poverty reduction. Executive Directors stressed the importance of fiscal prudence, domestic taxation, and strengthening of public expenditure management to ensure fiscal sustainability. They commended the central bank for its monetary policy stance. They highlight the need to attain greater equity, transparency, and accountability underpinned by cautious macroeconomic policies. They underscored that Bolivia may face a competitive external environment for its nontraditional exports in the period ahead.

Subject: Banking, Central banks, Credit, Economic sectors, International reserves, Money, Natural gas sector, Public debt, Public sector

Keywords: Authorities' objective, Authority, Bolivian authorities, CR, Credit, Global, Governments of Bolivia, International reserves, ISCR, Managed float regime, Natural gas sector, Policy approach, Public sector, State, State oil company

Publication Details

Pages:

72
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/270
Stock No:

1BOLEA2006001
ISBN:

9781451805802
ISSN:

1934-7685

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