Bolivia and IMF reach $1.9bn financing deal
Three-year agreement comes below country’s expectations of more than $2.5 billion
The International Monetary Fund has reached a staff-level agreement with Bolivia on a $1.9 billion financing programme.
In a statement on July 29, the IMF said the deal – which is subject to approval from the institution’s executive board – would support Bolivia’s economic reform programme. It said the programme “seeks to restore macroeconomic stability, rebuild international reserves, reduce fiscal and external vulnerabilities, strengthen social safety nets, and foster sustainable, private
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