Bolivia to Close Unviable State Firms, Cut Spending to Trim 2027 Deficit

Bolivia's Economy Minister announced the closure of unviable state-owned enterprises by year-end as part of fiscal adjustment, aiming to reduce the projected 6.7% of GDP deficit for 2027. The move signals a shift toward austerity, though details on which firms and expected savings remain unclear. This marks a notable policy pivot for a government historically reliant on state-led economic intervention.

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