Bolivia Approves 1.9 Billion IMF Deal
Bolivian lawmakers approved an agreement enabling access to 1.9 billion dollars in IMF financing. The program requires fiscal reforms and the elimination of fuel subsidies to rebuild international reserves.
Bolivia lawmakers approved a $1.9B financing agreement with the International Monetary Fund (IMF) on Friday. The deal addresses severe foreign currency shortages and dwindling international reserves. This agreement unlocks over $5.0B in additional institutional funding.
