The World Bank In Bolivia
To ensure inclusive and sustainable growth following several years of expansionary policies, declining gas exports, and the effects of the pandemic, Bolivia needs to address important structural challenges to consolidate stability, promote private sector development, and protect the most vulnerable population.
Bolivia At-A-Glance
After the commodity boom ended in 2014, Bolivia resorted to high public spending and growing domestic credit to maintain rapid economic growth. In a less favorable context, these measures increased public debt and reduced the international reserves and fiscal savings accumulated during the boom. The COVID-19 pandemic exacerbated this situation, plunging the economy into a recession that led to a rebound in poverty.
Highlighted Project
Rural Alliances Project
Since 2006, the project seeks to improve the lives of producers in rural areas, increasing the quality and quantity of their production and, consequently, their competitiveness and income.
Research
Experts
World Bank Director for Bolivia, Chile, Ecuador, and Peru
World Bank Group Country Manager for Bolivia
Senior Country Economist
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