Economy · World

Bolivia Congress Approves $1.9 Billion IMF Loan Amid Protest Fears

Bolivia's Congress has approved a $1.9 billion loan agreement with the International Monetary Fund (IMF) to address a deep economic crisis. The deal, which awaits final authorization from the IMF's executive board, is intended to help restore the country's struggling credit status and unlock further financing from institutions like the World Bank. However, the agreement includes cuts to fuel subsidies, which unions warn could lead to renewed protests and increased living costs.

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