Bolivia: Staff Report for the 2006 Article IV Consultation

International Monetary Fund

No 2006/270, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; state; Bolivian authorities; authority; state oil company; managed float regime; governments of Bolivia; authorities' objective; Policy approach; Natural gas sector; International reserves; Public sector; Credit; Global (search for similar items in EconPapers)
Pages: 72
Date: 2006-07-26
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