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The IMF approved Bolivia’s US$1.9 billion programme and released US$214 million. Here is what it means for expats, fuel costs and dollars. The post Bolivia IMF Loan Approved With US$214 Million Up Front appeared first on The Rio Times.
The IMF Executive Board is expected to decide on 2 October on Bolivia's US$1.9 billion loan, the centrepiece of President Paz's crisis programme. The post IMF Board Votes on Bolivia’s US$1.9 Billion Loan Today: What Is at Stake appeared first on The Rio Times.
Bolivia lithium explained: why one of the world's largest resources barely produces, what became of the China and Russia deals, and what Paz plans next. The post Bolivia’s Lithium Explained: A Giant Resource, Stalled Deals and the Paz Plan appeared first on The Rio Times.
The Bolivia central bank will absorb Bs 3 billion (about US$250 million) by October and freed bank dollar prices after diesel rose 83% on 19 September. The post Bolivia Central Bank Moves to Absorb US$250 Million After Diesel Price Rise appeared first on The Rio Times.
Bolivia food prices are climbing after the diesel subsidy ended. Families in La Paz say they need double the budget; the minimum wage is worth about US$275. The post Bolivia Food Prices Climb After Diesel Cut; Minimum Wage Now Worth About US$275 appeared first on The Rio Times.
The Bolivia diesel subsidy is gone. Pump prices rose 83 percent overnight, bus fares have roughly doubled, and the roads are the thing to watch. The post Bolivia Diesel Subsidy Ends: Price Jumps 83% and the Blockades Begin appeared first on The Rio Times.
A Bolivia fuel deal struck on Sunday keeps tanker drivers hauling diesel after the subsidy ended, but freight rates and costs are still being negotiated. The post Bolivia Fuel Deal Keeps Tanker Drivers Moving After 83% Diesel Price Rise appeared first on The Rio Times.
BOLIVIA · ECONOMY & FUEL POLICY Key Facts —The headline Supreme Decree 5716, approved on Friday 18 September and in force since Saturday 19 September, raised the retail price of diesel in Bolivia from Bs9.80 to Bs17.95 per litre including VAT — a rise of about 83%, from roughly US$0.89 to US$1.63 per litre. —The […] The post Bolivia Ends 20 Years of Cheap Diesel: What the 83% Price Rise Means for Expats appeared first on The Rio Times.
Bolivia scrapped its diesel subsidy on 19 September, lifting the pump price 83 per cent, a day after the Senate approved a US$1.9 billion IMF loan. The post Bolivia Ends Diesel Subsidy Hours After Congress Clears IMF Loan appeared first on The Rio Times.
Bolivia’s government has completely eliminated its diesel subsidy after the Senate approved a $1.9 billion loan from the International Monetary Fund that calls for spending curbs.
Residency is required, the boliviano floated in June 2026 and dollars remain hard to withdraw. Which banks work and how expats actually move money. The post Opening a Bank Account in Bolivia as a Foreigner appeared first on The Rio Times.
BOLIVIA · ECONOMY Key Facts —The calendar Deputy Ricardo Rada of the governing PDC expects Congress to approve the IMF credit by October; the new investment law will take until March 2027. —The money The IMF agreement is for 1,369 million Special Drawing Rights — about US$1.9 billion, or 570 percent of Bolivia’s quota. —The […] The post Bolivia IMF Rescue Now Expected by October as Investment Law Slips to March 2027 appeared first on The Rio Times.