Bolivia - Updating economic memorandum

Report No. 11123-80 Bolivia Updating Economic Memorandum Odtober 8, 1992 MICROFICHE COPY Country Operations Division I Country Department III Report ND. :11123-B0 Type: (ECO) Latin America and the Caribbean Region Title: UPDATING ECONOMIC MEMORANDUM Author: D. BA~TEMAN Ext. :37872 Room:I5-043 Dept. :LA3Cl FOR OFFICIAL USE ONLY Thisdocuent as. a istricted dsrbtoand may be used by recipients onWi tfpetfrmae.eof teiroffcial duties. Its contents may trot otherw*se- be dscloe w1thout WoArKd P,ak authiorization.  FISCAL YEAR January 1 to December 31 CURENCY EOUIVALENT Currency Unit: Boliviano (Bs) Exchange Rate Effective: July 1992 US$1.00 = Bs. 3.8992 Bs 1.00 = US$0.2665 ABBREVIATIONS BAB - Banco Agrfcola de Bolivia (Bolivian Agriculture Bank) BAMIN - Banco Minero (Mining Bank) BANEST - Banco del Estado (State Bank) CENOCREN - Certificado de Notas de Credito Negociables COMIBOL - Corporaci6n Minera de Bolivia (Bolivian Mining Corporation) CONAPSO - Consejo Nacional de Polftica Social CNV - Comision Nacional de Valores (Stock Exchange Commission) CRA - Certificado de Reintegro Arancelario (Customs Certificate) Df'II - Direccidn General de Impuestos Internos (Bolivian Tax Agency) ENDE - Empresa Nacional de Electricidad (National Electricity Company) ENFE - Empresa Nacional de Ferrocarriles (National Railways Corporation) ENTEL - Empresa Nacional de Telecomunicaciones (National Telecommunications Company) ESAF - Enhanced Structural Adjustment Facility FONAMA - Fondo Nacional para el Medio Ambiente FONEM - Fondo Nacional de Exploraci6n Minera (National Mlining Exploration Fund, GSF - Gerencia de Sistema Financiero (Financiai ,-,istem UTnit) IBRD - International Bank for Reconstruction and Development IBSS - Instituto Boliviano de Seguridad Social (Bolivian Social Security Institute) IDA - International Development Association IDB - Inter-American Development Bank IMF - International Monetary Fund INE - Instituto Nacional de Estadfstica LAB - Lloyd Aereo Boliviano (Bolivian Airline) LIBOR - London Interbank Offering Rate MACA - Mmnisterio de Asuntos Campesinos y Agropecuarios (Ministry of Agriculture and Rural Affairs) NEP - New Economic Policy NGO - Non-Governmental Organizations SAFCO - Sistema Integrado de Administraci6n Financiera y Control (Integrated Sytem of Financial Administration and Control) SBEF - Superintendencia de Bancos (Superintendency of Banks) SENMA - Secretarfa Nacional del Medio Ambiente (National Environmental Secretariat) SIVEX - Sistema de Ventanilla tnica de Exportaciones (One Stop Window for Exporters) SNSR - Superintendencia Nacional de Seguros y Reaseguros (Superintendency cf Insurance) UDAPSO - Unidad de Analisis de Politica Social UNDP - United Nations Development Program USAID - United States Agency for International Development VAT - Value Added Tax YPFB - Yacimientos Petrolfferos Fiscales Bolivianos (Bolivian Petroleum Corporation)  FOR OMCIL USE ONLY 1OLIVLA - COUNTRY DATA SHT hBB& 1098.6 n OULh~fQN (1991): (mous) 7.2 DNSNlY: 6.46 pop./sq. mn. am. s. bm.) Ralo of GOwta: 2.8% POPLAMN CHARACTERISrCS HELT CnU* bith rae (per 1000): 36.0 Infa motlty (per 1000 lIOve bhs): 92 Chad. de* raOe (P 1000): 9.7 popwation pe physiin: 1534 of porAzon- b- 76 - 1Uhn: 30 N 4 I5~~~~~~~~~~DUCATI0-N DaIly caloe supply perperon: 1916 Primary schcool enrllnie*%) of W capia proaten Intake (day): 53 rent ag atoup: 81% GNP Mer .aora (USS 1991) 652P g os H&=M usDU 191UA % ANNUAL RATE OF ROWIM%SCONSrANT rP 198 198 I9 GDP at Matde PYrice 5019 100.0 -1.9 1.7 4.1 Gross Domnutic Inovesmnen 692 13.8 -18.5 1.2 15.9 os NatioN Saving 219 4A Curewnt Account BuEble -474 -9.4 xpostofOoods.NFS 919 183 -2.3 11. 0.9 lm .s of Goods, NPS 1173 23.4 1.1 2.9 33 VALUE ADDED IN 1991 Valu added In 1980 <dlm-ano us . of l ArSicubure 26,911 21.3 Inusy 40.005 31.7 mIning 11,358 9.0 Hydro