Bolivia: Staff Report for the 2003 Article IV Consultation, First Review Under the Stand-By Arrangement, and Request for Waiver of Performance Criteria

International Monetary Fund

No 2003/257, IMF Staff Country Reports from International Monetary Fund

Abstract: Macroeconomic and financial vulnerabilities have intensified in recent years. Bolivia has adopted a program to stabilize the situation, and the program is broadly on track. Monetary policy is appropriately geared to support a gradual build-up of international reserves while ensuring needed liquidity for the financial system. A comprehensive strategy is being developed for the financial and corporate sectors. Executive Directors welcome the government's progress toward a medium-term economic program that will foster a higher rate of sustained growth and reduce poverty.

Keywords: ISCR; CR; CBB President; authority; Bolivia's Stand-By Arrangement; Stand-By Arrangement; increase central bank autonomy; term growth prospect; Bolivia's performance; Public sector; International reserves; Commercial banks; North America (search for similar items in EconPapers)
Pages: 89
Date: 2003-08-20
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