New York, August 12, 2013 -- Bolivia's Ba3 rating reflects the country's moderate government debt ratios, strong external liquidity, and robust public investment-driven growth, says Moody's Investors Service in a new report. The key credit challenges the country faces are the dependence of its economy on hydrocarbons, the small size of the economy and low income per capita, and a legacy of political instability that in the past has led to unpredictable government policies.

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