*Bolivia’s central bank (BCB) has received the first US$211.3m instalment of a US$1.9bn agreement with the International Monetary Fund (IMF) that was announced in July and
promulgated last month by President
Rodrigo Paz following approval by congress. The loan is being awarded via the IMF’s Extended Fund Facility (EFF). Under the agreement, the Paz administration has agreed to cost-cutting measures such as the elimination of fuel subsidies,
raising the risk of a further round of protests by trade unions and left-wing opposition groups.
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