Bolivia Promulgates IMF Agreement for $1.9B to Address Fiscal Imbalances

Bolivia's government has formally enacted an agreement with the IMF providing 1.369 million SDRs (about $1.9 billion) to tackle persistent fiscal and external imbalances. This marks a significant policy shift for Bolivia, which has historically been wary of IMF involvement. The funds aim to stabilize the economy, but the terms may require austerity measures that could face domestic opposition.