Bolivia's Paz Walks Into the UN With a $1.9B IMF Loan — and a Fuel Subsidy Deadline
7 Articles
7 Articles
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.
The Government of Bolivia eliminated the diesel subsidy to reduce the economic cost of the subsidy and address fuel shortages
President Rodrigo Paz promulgated Law 1765, which puts into effect the $1.9 billion credit agreement with the International Monetary Fund (IMF) and opens the way for the implementation of the economic reforms agreed between the Government and the international body.
Paz Enacted Law 1765 of the Contract with the IMF and Opens Way to the Economic Reforms of the State
President Rodrigo Paz promulgated Law 1765, which puts into effect the loan agreement of 1.9 billion dollars with the International Monetary Fund (IMF) and opens the way to the implementation of the economic reforms agreed between the...
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