Bolivia approves $500M IDB loan to fund pension amid fiscal strain

Bolivia's Senate approved a $500 million IDB loan, with $485 million earmarked for the Renta Dignidad pension program, as the country grapples with fiscal imbalances, inflation, and liquidity constraints. The move signals deepening external dependence to sustain social spending, reflecting deteriorating economic conditions. The loan's approval underscores Bolivia's limited fiscal space and potential rising debt sustainability concerns.