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

International Monetary Fund

No 2015/334, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; price; Bolivia; U.S. dollar; IDB lending; commodity price normal; credit quota; credit growth; financial services law; poverty ratio; private sector; IMF staff; development plan; monetary policy; growth to the private sector; Credit; Public sector; Fiscal stance; Exchange rate flexibility; Global; South America (search for similar items in EconPapers)
Pages: 85
Date: 2015-12-18
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