IDB Group - Bolivia Agree on $4.5 Billion Support Package
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The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, said this Wednesday that while the agency is insured 4.5 billion dollars to finance projects in Bolivia-as a loan- during the...
IDB Group - Bolivia agree on $4.5 Billion support package
LA PAZ, Bolivia — The Inter-American Development Bank Group (IDB Group) and Bolivian authorities agreed on a $4.5 billion package for 2026-2028 to support the new government’s ambitious reform agenda to stabilise the economy, restore growth, and expand job creation. It includes targeted financing for social protection, private investment, infrastructure, budget support, and capital mobilisation. The package represents nearly six times the bank’s…
"We come with a clear message: the IDB is here to demonstrate confidence in this moment of decision. Our presence is a clear sign of this confidence. We are building a package of up to $4.5 billion for the period 2026-2028," said its president, Ilan Goldfajn, at a press conference gathered by the newspaper 'El Deber' in which he stressed that this amount "is almost six times" greater than that of the previous period.
LA PEACE.— Bolivia secured an additional $4.5 billion in multilateral financing, which reinforces the new government’s chances of stabilizing an economy that has been undergoing its deepest crisis since the 1980s. The country reached an agreement with the Inter-American Development Bank (IDB) for a support package of $4.5 billion, President José Luis Lupo said Tuesday. The financing will prevent exchange rate instability and support the governme…
The Inter-American Development Bank (BID) announced on Wednesday (13) a new financial aid package for Bolivia of up to $4.5 billion (R$ 24.2 billion) in the period 2026-2028, almost six times more than received in the last three years. Bolivia, with an inflation rate of 20% in 12 months in December, imported fuel to subsidise them in the internal market, a policy that exhausted the country's reserves and cost of life. “We are building a package …
LA PEACE, 13 Jan (NOMADA NEWS).- President Rodrigo Paz Pereira led a strategic management that allowed to consolidate a historical support of $4.5 billion by the Inter-American Development Bank (IDB), marking the full return of this multilateral body to the country after more than 15 years, official sources said. This support constitutes a clear sign of international confidence in Bolivia and its political leadership. It is not an isolated finan…
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