IMF Releases $214M First Tranche of $1.9B Bolivia Package

The IMF has disbursed the first $214 million of a $1.9 billion, 36-month program for Bolivia, contingent on fiscal, exchange, and structural reforms, including gradual fuel subsidy removal. This marks a shift from Bolivia's previous resistance to IMF conditionality, signaling a policy pivot amid economic strain. The subsidy phase-out could fuel inflation and social unrest, while the program signals external support for Bolivia's finances.