The Bolivian government announced on Tuesday, February 3, that it is working on a package of laws aimed at strengthening the national economy and sustainable development by attracting domestic and foreign investment.
The South American nation seeks to "strengthen international cooperation and…
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bolivia
Bolivia’s GDP could contract in 2026
In its recent projections for 2026, the World Bank indicated that Bolivia could experience a 1.1 % contraction in its GDP.
According to the international institution, the nation could experience the steepest decline in Latin America, due…
Bolivia to cut public spending by 30 %
Bolivian President Rodrigo Paz Pereira, along with Minister of Economy José Gabriel Espinoza, announced the comprehensive overhaul of the 2026 General State Budget (PGE), which includes a 30 % cut in public spending.
This is the largest…
Bolivia to face inflation by integrating cryptocurrencies and stablecoins into its economy
The inflationary phenomenon currently affecting the Bolivian economy is prompting the country to consider including cryptocurrencies and stablecoins in its economic system.
This measure also seeks to facilitate the adoption of new…
CAF approves a $550 million loan for Bolivia
The President of the Development Bank of Latin America and the Caribbean, Sergio Díaz-Granados, announced on Monday an immediate $550 million loan to provide liquidity to Bolivia.
The news was communicated directly to the new president of…
Rodrigo Paz was sworn in as president of Bolivia
On Saturday, November 8, centrist politician Rodrigo Paz was sworn in as the new president of Bolivia. He promises a plan called “capitalism for all.”
Regarding the presidential election, the second round that gave the new president the…
Mercosur and Canada to resume free trade agreement negotiations
Canada and Mercosur member States will resume negotiations on a free trade agreement in October, a Brazilian representative said last week.
The announcement comes as a light at the end of the tunnel for the parties amid the tariff…
Rodrigo Paz wins first round of presidential elections in Bolivia
This Sunday, Bolivians went to the polls to elect a new president. Senator and candidate Rodrigo Paz won the first round and will face Jorge Quiroga on October 19 in the second round of the presidential elections.
The results of the…
Bolivia implements regulations on financial technology platforms and virtual assets
The director of the Financial System Supervisory Authority (ASFI) of Bolivia, Ivette Espinoza, announced last week the entry into force of regulations for financial technology platforms and those linked to digital assets.
The regulations,…
Bolivia could default without new international financing
Bolivia's internal situation has led the country to the depletion of its international reserves. In this context, President Luis Arce has indicated that without new financing, it could default.
The main creditors of the South American…
Ecuador to require yellow fever vaccination for travelers from neighboring countries
Ecuadorian health authorities implemented, as of Monday, May 12, the requirement for a yellow fever vaccination certificate for travelers from Bolivia, Brazil, Colombia, and Peru.
Travelers who "have stayed at least ten days in those…
Bolivia to allow the use of cryptocurrencies for fuel purchases
The Bolivian government issued a decree authorizing the state-owned energy company YPFB to use cryptocurrencies to pay for energy imports, particularly gasoline and diesel.
The South American country is currently experiencing an internal…