Bolivia’s Congress Approves $1.9 Billion IMF Loan as Removal of Diesel Subsidies Sparks Protest Threats
10 Articles
10 Articles
Since Saturday, the price of diesel in Bolivia is quoted at the price of the international market, after President Rodrigo Paz announced the total elimination of subsidies, which remained only for "large consumers." While the president announced measures to cushion the impact, the Bolivian Congress approved a financing of $1.9 billion with the IMF, which will require the removal of all fuel subsidies from 2027.
Deutsche Welle
Los TiemposThe president, Rodrigo Paz, made the announcement on television. "We cannot buy expensive to sell cheaply for a few to steal," he said, after signing a credit with the International Monetary Fund.
The Trade Union Confederation of Drivers of Bolivia rejected this Saturday the elimination of the state subsidy to diesel, which will now have a price linked to the international contribution, and demanded the abrogation of Supreme Decree 5716 under...
The government decision came into effect hours after the Senate approved a $1.9 billion funding agreement with the International Monetary Fund (IMF)
The Bolivian Senate approved a $1.9 billion loan agreement with the International Monetary Fund (IMF), following its approval by the House of Representatives, under a three-year funding programme to support foreign-exchange reserves and stabilize the troubled economy. After hours of approval, Bolivian President Rodrigo Paz announced the termination of diesel subsidies for trucks, buses, and tractors, with the article being sold [...] Bolivia app…
Bolivia’s Congress approves $1.9 billion IMF loan as removal of diesel subsidies sparks protest threats
Ligjvënësit bolivianë kanë miratuar marrëveshjen e kredisë prej 1.9 miliardë dollarësh me Fondin Monetar Ndërkombëtar (FMN), duke i dhënë qeverisë së presidentit Rodrigo Paz një mbështetje të rëndësishme në përpjekjet për të përballuar krizën e thellë ekonomike të vendit. [...] Read More... The post [...]Read More...
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