Bolivia's Congress approved a 1.9 billion dollar IMF loan on Friday for President Rodrigo Paz, Al Jazeera reported, citing the Associated Press, and The Independent confirmed the same vote. The three-year programme still needs the Fund's Executive Board before money moves, and officials tie it to about 5 billion dollars more from the World Bank and other lenders. Paz's party lacks a majority; Al Jazeera notes MAS holds two of 130 lower-house seats. Fuel-subsidy cuts remain the political cost.
Citing the Associated Press, Al Jazeera reported that Bolivia's Congress approved a 1.9 billion dollar International Monetary Fund loan on Friday for President Rodrigo Paz. The Independent, dated 19 September 2026, says Bolivian lawmakers approved the same 1.9 billion dollar IMF loan on Friday. Paz's Christian Democratic Party lacks a majority; Al Jazeera says after last year's election the long-ruling leftist MAS holds two of 130 lower-house seats and none in the Senate.[1], [2]
Al Jazeera says the loan would be Bolivia's first multi-year Fund arrangement since 2006 and still needs Executive Board approval before money is released. Officials say it should also unlock roughly 5 billion dollars more from the World Bank and other lenders. The Independent says the three-year programme still needs the IMF Executive Board before disbursement, and that economy minister Christian Morales told senators the deal should help secure about 5 billion dollars more from the World Bank and IDB.[1], [2]
Al Jazeera says Paz has already raised fuel prices and plans to scrap the subsidy entirely by January; on Friday he called the vote a historic step and warned that the Iran war is pushing up global fuel costs. The Independent says he ended diesel subsidies the same day, after the Senate ratified a day after the lower house. This card stays inside the desk news cards' figures and dated stamps; it does not claim a second field census or an independent lab rerun. The reader sees the publisher's own-page development together with the second publisher's headline or lede on the same event.[1], [2]
