Bolivia to Seek IMF Deal by March Under Incoming President Paz

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  1. Bolivia’s incoming president, Rodrigo Paz, will seek a deal with the International Monetary Fund by March, according to a senior member of his economy team.

    Before then, the new government will also try to secure $1.4 billion from multilateral lenders, economic adviser José Luis Lupo said in a phone interview.

    Paz will take office on Nov. 8, ending [two decades](https://archive.ph/o/C0Xqo/https://www.bloomberg.com/news/features/2025-10-17/bolivia-2025-presidential-election-heads-to-runoff) of socialist rule in the Andean nation. He’ll take over an economy hit by fuel shortages and runway inflation. An initial injection of foreign currency will be used to guarantee fuel supply and ease the shortage of dollars, Lupo said.

    The new administration will seek funding from lenders including CAF, FLAR, FONPLATA, the Inter-American Development Bank and the World Bank, Lupo said.

    The CAF has already confirmed a $3.1 billion program for Bolivia over five years, of which 15% will be disbursed in the coming days, according to Lupo.

    An IMF agreement will open access to funds from other lenders to finance social programs and state reforms, Lupo said.

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