Bolivia: IMF forecasts a 7.9% drop in 2020 and 5.6% growth in 2021

The Bolivian economy will fall this year by 7.9%, but in 2021 it will recover and reach a growth of 5.6%, according to the updated projections of the International Monetary Fund (IMF) which also forecasts a drop in unemployment in the country. The international organization foresees an inflation rate of 1.7% this year and 4.1% next year and an unemployment rate of 8% this year, which will fall to 4% in 2021. It also projects one of a current account deficit of 2.6% this year and 3.5 in 2021.

Source: Página Siete