Download or read book Bolivia 2006 Article IV Consultation Staff Report Staff Statement Public Information Notice on the Executive Board Discussion and Statement by the Executive Director for Bolivia written by International Monetary Fund and published by . This book was released on 2006-07-26 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bolivia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-06-02 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bolivia showed a solid macroeconomic performance in recent years, owing to its strong trade and prudent economic policies. IMF staff stressed the need to tighten monetary conditions through increasing the policy interest rate as a means to combat inflation. The Executive Board praised authorities for their sound macroeconomic management, and concurred that structural reform and increased investment will enhance economic growth. However, the crisis management framework could be strengthened with a deposit insurance scheme to protect small depositors in the event of bank liquidation.
Download or read book Bolivia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-01-29 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2008 Article IV Consultation highlights that Bolivia’s overall fiscal position has improved in 2008. Booming hydrocarbon and mining exports, together with high remittance inflows, led to a record-high current account surplus and large reserve accumulation, with major pressures on monetary/exchange rate policy during the first three quarters of 2008. Executive Directors have noted that strong hydrocarbon and mining exports have continued to support Bolivia’s growth and macroeconomic performance. Directors have also emphasized the importance of well-designed structural reforms for further strengthening Bolivia’s fiscal position.
Download or read book Bolivia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-07-26 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bolivia’s 2007 Article IV Consultation reports that reforms are needed to make the budget a more effective developmental and poverty-reducing tool. The fiscal position has shifted into a substantial surplus, and public debt has been substantially reduced. Financial sector stability has improved, although dollarization is still high. Efforts to address remaining financial sector vulnerabilities should be intensified. Priority areas of reform include the adoption of prudential regulations to mitigate market risk and credit risks from dollarization; and of legislation governing corporate bankruptcy/restructuring.
Download or read book Bolivia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-06-25 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bolivia has a long track record of substantial progress in the areas of macroeconomic stability and structural adjustment; however, poverty remains widespread. Although there were significant delays and setbacks in the execution of the structural adjustment program, some important advances were achieved, mainly in the areas of tax administration and budget management. The Bolivian authorities have developed a comprehensive poverty reduction strategy. The government’s medium-term economic program is designed to raise growth to 5 percent. Bolivia maintains an open exchange and trade system.
Download or read book Bolivia 2009 Article IV Consultation Staff Report Staff Supplement Staff Statement Public Information Notice on the Executive Board Discussion and Statement by the Executive Director for Bolivia written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2010-01-27 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The staff report for Bolivia's 2009 Article IV Consultation describes economic developments and policies. The impact of the global recession on Bolivia has been milder than in other countries in the region. Lower commodity exports and remittances have resulted in a sharp narrowing of the external current account surplus. The financial system has been barely affected by the global crisis owing to its limited integration with international capital markets. As the economy gathers momentum, a tighter monetary policy is needed to reduce the risks of excessive credit creation, foreign-exchange pressures, and a pick-up in inflation.
Download or read book Peru written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-02-06 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2006 Article IV Consultation with Peru and request for a Stand-By Arrangement highlights that the Peruvian economy has been reaping benefits of sound policies in a favorable external environment. The new government remains committed to sustaining fiscal consolidation to entrench macroeconomic stability while boosting infrastructure and social spending to decisively reduce poverty. Executive Directors commended the progress made in identifying foreign exchange-related credit risks in the banking system, and encouraged the authorities to implement their reform agenda aimed at reducing risks from dollarization.
Download or read book Costa Rica 2006 Article IV Consultation Staff Report Staff Supplement Public Information Notice on the Executive Board Discussion and Statement by the Executive Director for Costa Rica written by International Monetary Fund and published by . This book was released on 2006-11-29 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bolivia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-08-20 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Bolivia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-06-23 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines Bolivia’s Request for a Stand-By Arrangement (SBA). The Bolivian authorities have focused their efforts on restoring economic and social stability, strengthening the banking and corporate sectors, and establishing the basis for sustained growth. In support of their economic program for 2003, the authorities have requested an SBA equivalent to 50 percent of quota (SDR 86 million). At the same time, the authorities continue to develop a broader set of medium-term structural reforms, for which they plan to seek support through an arrangement under the Poverty Reduction and Growth Facility as soon as possible.
Download or read book Spain written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-06-14 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spain showed strong growth performance marked by robust job creation and a solid fiscal position. Executive Directors supported the National Reform Program (NRP), which focuses on improving productivity, market flexibility, and competitiveness. They commended the appreciable fiscal surplus, pension reserve fund, and the public debt reduction. They welcomed the new Budget Stability Law (BSL), appreciated the Financial Sector Assessment Program (FSAP) assessment and the monetary stance of the Bank of Spain. They emphasized the need to regain competitiveness through the implementation of structural reforms.
Download or read book Bolivia written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2016-12-22 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2016 Article IV Consultation highlights Bolivia’s substantial economic and social progress, boosted by the commodity boom. Growth has been strong, averaging about 5 percent since 2006, and poverty has fallen by a third. During this time, the authorities built up sizable buffers and largely dedollarized the financial system. Real GDP growth is projected at 3.7 percent in 2016, which is still relatively strong by regional standards. In the medium term, growth is expected to converge toward 3.5 percent, consistent with the new commodity price normal, amid persistent twin deficits.
Download or read book Bolivia Staff Report for the Article IV Consultation and Request for Annual Arrangement Under the Poverty Reduction and Growth Facility written by and published by . This book was released on 2006 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bolivia written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2015-12-18 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Bolivia written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2015-12-18 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Mexico 2006 Article IV Consultation Staff Report Staff Statement Public Information Notice on the Executive Board Discussion written by International Monetary Fund and published by . This book was released on 2006-10-11 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Democratic Republic Of Timor Leste written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-02-28 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Timor-Leste had made good progress in establishing the basis for a stable and healthy economy prior to the civil unrest in 2006, although it remains one of the poorest countries in the world. This 2006 Article IV Consultation highlights that real non-oil GDP growth turned positive in 2004–05 after contracting for two years. Macroeconomic stability was achieved through the early adoption and maintenance of prudent fiscal and monetary policies. The authorities have maintained a policy of avoiding domestic or external borrowing, hence there is no public sector debt.
