Bolivia’s Congress approves $1.9bn IMF loan amid protest threats
- Unions warn that fuel subsidy cuts in the IMF deal could trigger renewed protests and rising costs.
- Bolivia’s Congress has approved a $1.9bn International Monetary Fund loan in a major victory for President Rodrigo Paz, though trade unions warn the deal’s austerity conditions could spark renewed unrest, the Associated Press news agency reported.
- Paz’s Christian Democratic Party does not hold a majority.
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- Unions warn that fuel subsidy cuts in the IMF deal could trigger renewed protests and rising costs.
- Bolivia’s Congress has approved a $1.9bn International Monetary Fund loan in a major victory for President Rodrigo Paz, though trade unions warn the deal’s austerity conditions could spark renewed unrest, the Associated Press news agency reported.
- Paz’s Christian Democratic Party does not hold a majority.
Sources: Al Jazeera