Bolivia; Ex Post Assessment of Longer-Term Program Engagement-Staff Report and Public Information Notice on the Executive Board Discussion

This paper presents key findings of the Ex Post Assessment of Longer-Term Program Engagement for Bolivia. Bolivia is a country that is perceived as having one of the best structural reform records in Latin America but experienced sluggish per capita growth, and made virtually no progress in reducing income-based poverty measures. The paper presents a summary account of Boliviaâ€™s performance under IMF-supported programs. It emphasizes that to address Boliviaâ€™s main economic problemsâ€”insufficient growth, and fiscal and financial fragilityâ€”a new medium-term program should be focused on fundamental institutional and structural reforms.

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Year of publication:	2005-04-20
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Economic growth \| Economic reforms \| Heavily indebted poor countries \| Poverty reduction \| debt \| external debt \| public debt \| debt relief \| interest \| restructuring \| tax reform \| fiscal adjustment \| taxes \| loans \| fiscal decentralization \| fiscal position \| tax revenues \| fiscal situation \| expenditures \| tax administration \| public expenditure \| tax system \| fiscal costs \| fiscal policy \| deficits \| fiscal deficit \| tax evasion \| tax reforms \| domestic debt \| fiscal sustainability \| municipal debt \| payments \| debt sustainability \| creditors \| structural adjustment \| debt restructuring \| fiscal problems \| liabilities \| taxation \| primary deficit \| formal sector \| debt reduction \| debt forgiveness \| fiscal program \| fiscal balance \| public finances \| fiscal targets \| debt management \| fiscal consequences \| credit risk \| credit lines \| commercial bank debt \| primary fiscal deficit \| conditionality guidelines \| taxpayers \| interest costs \| budget law \| structural fiscal reforms \| fiscal adjustments \| government budget constraints \| insolvency \| fiscal responsibility \| fiscal risks \| payroll tax \| fiscal imbalance \| revenue collection \| interest expenditure \| fiscal revenues \| credit expansion \| fiscal reforms \| credit risks \| expenditure increases \| fiscal effort \| liquidity management \| short term debt \| fiscal side \| government budget \| debt burden \| government spending \| increase in capital spending \| budget process \| fiscal consolidation \| tax burden \| structural fiscal \| fiscal stability \| spending control \| creditor \| debts \| fiscal responsibility act \| corporate debt \| tax rebates \| tax exemptions \| local government budget \| debt problems \| budget constraints \| tax policy \| repayment \| capital expenditure \| tax payments \| expenditure policy \| fiscal tensions

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 05/139 5 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005591192