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

By: International Monetary FundMaterial type: TextTextSeries: IMF Staff Country Reports, Country Report ; No. 03/257Publication details: Washington, D.C. : International Monetary Fund, 2003Description: 1 online resource (89 p.)ISBN: 145180573X :ISSN: 1934-7685Subject(s): Article IV Consultations | Central Bank | Debt | Public Sector | Stand-By Arrangement Reviews | BoliviaAdditional physical formats: Print Version:: Bolivia : Staff Report for the 2003 Article IV Consultation, First Review Under the Stand-By Arrangement, and Request for Waiver of Performance CriteriaOnline resources: IMF e-Library | IMF Book Store 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.
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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.

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