Bolivia's Congress approves $1.9 billion IMF loan amid protest threats
Lawmakers back the International Monetary Fund agreement as unions warn fuel subsidy cuts could spark renewed demonstrations.
Bolivia's Congress has approved a $1.9 billion loan from the International Monetary Fund, according to Al Jazeera. Unions have warned that provisions in the IMF deal to cut fuel subsidies could trigger renewed protests and drive up living costs for citizens.
The agreement represents a major economic decision for the country, though labor organizations have signaled potential resistance to austerity measures tied to the lending terms.
Sources
- Bolivia’s Congress approves $1.9bn IMF loan amid protest threats — Al Jazeera — All
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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