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.The ongoing implementation of a comprehensive financial management system ( SIGMA) will help ensure proper monitoring of public ... The classification of accounts are broadly in accordance with the fifth edition of the Balance of Payments Manual. ... The BCB also provides monthly trade data to the Fund, but the import data are available only with a lag of up to six months. ... and the central bank also provides Fund staff with data on the operations of nonbank financial institutionsanbsp;...
|Title||:||Bolivia: 2003 Article IV Consultation, First Review Under the Stand-By Arrangement, and Request for Waiver of Performance Criteria--Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Stateme|
|Author||:||International Monetary Fund|
|Publisher||:||International Monetary Fund - 2003-08-20|