JOURNAL ARTICLE

Unfrozen Loans Give Arce Hope of Easing Crippling Bolivia Crisis.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Mendoza, Sergio 3 of 3

Abstract

The article focuses on Bolivian President Luis Arce's plans to address severe fuel shortages and rising consumer prices through overseas loans approved by congress. Amid the country's deepest economic crisis in decades, lawmakers have begun to approve foreign credits totaling $1.8 billion, including a $250 million loan from the Inter-American Development Bank. Arce aims to stabilize the economy before the upcoming elections in August, despite ongoing political unrest and protests, particularly from supporters of former President Evo Morales, who faces legal challenges. The government is also considering selling gold reserves to meet financial obligations and fund fuel imports. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/06, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2025
  • Accession Number:186013714
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