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Three Months Before Presidential Elections, Bolivia Gripped by Economic Crisis

Summary by World Socialist Web Site
The IMF demands urgent economic adjustments, in other words, harsh austerity measures, even as poverty increases in Bolivia.

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In its report on the country's economy, the International Monetary Fund (IMF) warned that Bolivia's public debt increased in 2024 and reached 95% of gross domestic product (GDP). [caption id=

🔊 Listen to this news The International Monetary Fund (IMF) has recommended that the Bolivian government implement urgent economic measures. These actions are necessary to correct the fiscal and external imbalances the country is facing. The IMF's warning seeks to avoid a disorderly adjustment that could have painful consequences for the national economy. This statement was made following the conclusion of the Article IV consultation, which was…

By Erika Ibáñez /Latin American Summary, May 31, 2025. The report recommends to the Government the gradual reduction of fuel subsidies, the control of public spending, particularly in the wage mass and an urgent change of monetary policy. In its report on the Bolivian economy, the International Monetary Fund (IMF) warned that the situation in [...] Entry Bolivia. IMF urges changes in Bolivia and warns that situation is ‘unsustainable’ was first …

The warning was issued after the conclusion of the Article IV consultation, conducted by the agency's Executive Board on May 2.

The International Monetary Fund (IMF) warned that Bolivia will face inflation above 15% in both 2025 and 2026 and warned that public debt reached 95% of gross domestic product (GDP), according to the press release issued by the international organization on Friday in the framework of the most recent Article IV Consultation.

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http://www.brujuladigital.net broke the news in on Saturday, May 31, 2025.
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