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Bolivia Seeks $1.9B IMF Deal; Subsidy Cuts, FX Reform Face Assembly Hurdles
El DeberLO·BO·about 23 hours ago
IMF management approved a technical agreement for $1.9 billion in financing for Bolivia, announced by Economy Minister Christian Morales. The deal requires approval from the IMF Executive Board and Bolivia's Legislative Assembly, where the bill is already under consideration. This signals a potential stabilization package for Bolivia's strained economy, though final approval and disbursement conditions remain uncertain.