Our approach, therefore, includes close coordination between the Ministry of Economy and Public Finance (Ministerio de Economía y Finanzas Públicas, MEFP) and ASFI. One of the factors that contributed to the small impact of the international crisis in Bolivia is our low vulnerability – not only in the financial system, but also low fiscal and external vulnerability.
We were ready to face exogenous shocks a result of prudential and sound macroeconomic management in the years before, during and after the crisis. The following table shows some relevant data in this regard.