LatinNews Daily - 02 July 2025

*Bolivia’s central bank (BCB) has announced that its international reserves increased by US$830m over the first six months of the year and stood at US$2.81bn at the end of June. Low international reserves have been a source of major concern over the past two years, contributing to credit rating downgrades by international rating agencies amid fears that Bolivia will fail to meet its debt obligations. BCB president Edwin Rojas said that the rise in net international reserves “is an important signal for the financial system and the whole economy”. In a statement, the BCB noted that Bolivia had met all of its foreign debt obligations during the first six months of 2025 “despite the adverse context affecting the national economy, caused, among other things, by the legislative assembly’s refusal to approve loans”. Fuel imports, necessitated by widespread shortages, continue to be a major drain on international reserves, with the BCB stating that fuel import costs during the first half of 2025 totalled US$1.02bn.

End of preview - This article contains approximately 168 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial