The Central Bank of Bolivia (BCB) published its final 2024 public accountability update, highlighting actions taken to preserve financial stability and modernise payments, alongside an outlook for reserves and ongoing liquidity management aimed at containing inflationary pressures. On net international reserves, the BCB reported a strengthening trend in 2024 and projected an increase of around USD 400 million over 2025, including an expected USD 200 million rise by end-February that would take reserves above USD 2.0 billion. The update also linked recent price increases to supply-side factors such as road blockades and climate shocks, while noting that the BCB monitored monetary variables and regulated liquidity to limit inflation pressures. For the financial system in 2024, it reported 4.2% growth in the credit portfolio and a 5.0% increase in deposits. On digitalisation, Board Resolution No. 082/2024 was described as opening the way for the use of virtual assets, with digital-platform operations in the second half of 2024 exceeding USD 135 million across more than 3.7 million transactions; the BCB also cited expanded QR-code payments and a 116% increase in electronic payment transactions in 2024, equivalent to moving 4.3 times financial system deposits. The bank further reported obtaining ISO 9001:2015 certification from IBNORCA. Looking ahead, the BCB committed to continue developing the national financial system with a focus on financial inclusion, payment digitalisation and macroeconomic stability, and indicated that its monetary policies in 2025 are expected to continue supporting economic growth.

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