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Bolivia Approves $1.9bn IMF Loan Amid Protests

IMF Loan Deal in Bolivia: A Recipe for Unrest or Economic Revival? Bolivia's Congress has approved a $1. 9 billion loan from the International Monetary Fund (IMF), a move that has been met with both relief and outrage.

The deal aims to stabilize the country's economy, which has suffered from years of underinvestment in natural gas production.

The loan agreement requires President Rodrigo Paz to cut subsidies on petrol and diesel, a move that unions warn will push up living costs for struggling families.

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