Bolivia IMF Program Targets 3.8% Deficit by 2028, Ends Fuel Subsidies

Bolivia's 36-month IMF program aims to cut the fiscal deficit to 3.8% of GDP by 2028, with the 2027 budget excluding TGN and state-owned enterprise resources for fuel subsidies. This marks a significant policy shift toward austerity, potentially impacting inflation and social stability. The plan's credibility hinges on implementation and political will.