Bolivia Gets $4.5 Billion IDB Loan to Aid Emergency Reforms

Bolivia's President Rodrigo Paz

Photographer: Marcelo Perez del Carpio/Bloomberg

Bolivia secured a further $4.5 billion in multilateral lending, boosting the new government’s chances of stabilizing an economy enduring its deepest crisis since the 1980s.

The nation reached an agreement with the Inter-American Development Bank, or IDB, for a $4.5 billion support package, Presidency Minister José Luis Lupo said Tuesday. This will prevent exchange rate instability and help underpin the government’s economic reform package from 2026 to 2028, Lupo told reporters in La Paz.