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Cover IMF Staff Country Reports
Bolivia: Ex-Post Assessment of Longer-Term Program Engagement
International Monetary Fund
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 Bolivia’s performance under IMF-supported programs. It emphasizes that to address Bolivia’s main economic problems—insufficient growth, and fiscal and financial fragility—a new medium-term program should be focused on fundamental institutional and structural reforms.
Keywords:
ISCR; CR; IMF Executive Board reviews Bolivia's performance; Bolivia; assessment; financial situation; U.S. dollar; IMF's view; per capita income; trend growth; IMF's effort; Pension reform; Financial sector reform; Financial sector; Structural reforms