Article
Bolivia Braces For Renewed Unrest As IMF Loan Arrangement Advances
Bolivia's Congress has approved a $1.9 billion IMF loan that eliminates fuel subsidies and raises pump prices by 83%, sparking renewed calls for nationwide protests. President Rodrigo Paz's sweeping economic reforms aim to attract foreign investment and restore fiscal sustainability, but face fierce opposition from unions, farmers, and supporters of former president Evo Morales.
Steptoe LLP