Bolivia's President Enacts $1.9bn IMF Deal, Lifts Diesel Subsidy
11 Articles
11 Articles
Marco Rubio meets Rodrigo Paz to support Bolivia’s agreement with the IMF
A technical team of the multilateral body agreed with the Executive in July to finance 36 months to support economic reforms, which should be ratified by the Parliament. The administration of center-right president Rodrigo Paz, who put an end to almost 20 years of socialist governments led by Evo Morales (2006-2019) and Luis Arce (2020-2025), considers this support key to overcoming the worst economic crisis in Bolivia in four decades. The Senat…
The suppliers in Bolivia amanated this Saturday September 19th with a difficult novelty for consumers: as President Rodrigo Paz had announced on the eve, all diesel subsidies were eliminated, causing prices to rise to international prices. This means that the reason the subsidies had already been ... Continue reading "Bolivia stops subsidizing diesel by IMF loan and government announces containment measures"
Bolivian President Rodrigo Paz announced Friday the end of state subsidies for diesel, moving the country to a unified price model, to help solve the chronic fuel shortage, writes Reuters.
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