Bolivia: Fourth Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criteria
International Monetary Fund
No 2004/350, IMF Staff Country Reports from International Monetary Fund
Abstract:
This paper discusses Bolivia’s Fourth Review Under the Stand-By Arrangement (SBA) and Request for Waiver of Nonobservance of Performance Criteria (PC). Economic activity in Bolivia is picking up, led by exports. Real GDP growth is projected to reach 3.8 percent in 2004. Inflation has increased but remains in low single digits. The current account surplus increased, although recent capital outflows more than offset the improvement. The 2004 program is broadly on track. Fiscal quantitative performance criteria (PCs) at end–June were also observed.
Keywords: ISCR; CR; government; policy; SDR128.64; hydrocarbons strategy; strategy; medium-term sustainability; Bolivia's request; government paper; exchange rate; poverty reduction outlay; Government debt management; Exports; Credit; South America (search for similar items in EconPapers)
Pages: 58
Date: 2004-11-04
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