From The Rio Times · Lachlan Williams · · 1m 10s
Bolivia IMF Loan Approved
IMF releases US$214 million for Bolivia's economic stability.
In brief
IMF releases US$214 million for Bolivia's economic stability. Bolivia's IMF loan program approved with US$214 million up front to end fuel subsidies and rebuild reserves. Originally reported by The Rio Times.
IMF Approval
The IMF’s executive board approved Bolivia’s US$1.9 billion programme and released US$214 million on Friday 2 October 2026.
First Payment Details
Officials had expected US$250 million but released US$214 million, a 14 percent reduction.
Bolivia’s Promises
Bolivia committed to end fuel subsidies, cut its deficit, and maintain a flexible exchange rate.
Current Fuel Price
Diesel costs Bs17.95 a litre, about US$1.49 at a market rate of 12 bolivianos per dollar.
Impact on Expats
Dollars should become easier to find over time, but short-term costs have already risen.
Uncertainties
The reason for the payment gap, later payment schedule, and exchange-rate gap remain unclear.
Programme Conditions
Bolivia must end fuel subsidies fully, reduce its fiscal deficit, and keep a flexible exchange rate.
What Happens Next
Further payments depend on IMF reviews and whether the exchange-rate gap narrows.
The key point
Bolivia's IMF loan program approved with US$214 million up front to end fuel subsidies and rebuild reserves.
