Bolivia Approves $1.9B IMF Program, Commits to End Fuel Subsidies by 2027

Bolivia's parliament approved a $1.9 billion IMF aid program, committing the government to end fuel subsidies starting January 2027. The move signals a major policy shift for the center-right administration, aiming to address fiscal strain and smuggling-related shortages. Implementation risks remain, given potential social unrest and political opposition.