Bolivia is in talks with the International Monetary Fund (IMF) to access a financing program that could be between 2.6 billion and 3.3 billion dollars, according to a report published by Bloomberg and replicated by international media.
The possible agreement corresponds to the Expanded Fund Facility (SAF), an instrument aimed at countries that face structural problems and require medium and long-term support. If finalized, the financing would be equivalent to between eight and ten times the quota that Bolivia has assigned to the multilateral organization, according to sources cited by the specialized media.
Negotiations between the Government of President Rodrigo Paz and the IMF technical team focus on a set of structural reforms aimed at strengthening economic growth and improving fiscal sustainability. The report indicates that both indicators show an accumulated deterioration in the last two decades.
The program contemplates a grace period of at least four and a half years before starting to pay the loan. Disbursements would be made in stages, conditional on the fulfillment of previously agreed economic goals. In addition, Bolivia would be requesting a high initial disbursement under the “frontloading” modality, which allows receiving a significant portion of the resources at the beginning of the program.
Among the conditions that would be part of the negotiation is the application of prior measures required by the IMF, including an eventual devaluation of the official exchange rate. For more than a decade, the dollar remained around 7 bolivianos; Recently, the Central Bank began to publish a reference rate close to 9 bolivianos per dollar.
The talks remain ongoing and the final scope of the agreement will depend on compliance with the conditions established by the international organization.
date: 2026-02-12 07:08:00
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