The Briefing:
- The IMF Executive Board approved a $1.9 billion, 36-month Extended Fund Facility for Bolivia on October 2, releasing an immediate first tranche of $214 million.
- The program — Bolivia's first multi-year IMF arrangement since 2006 — is expected to catalyze around $4 billion in additional multilateral financing, bringing potential total external support to roughly $5.9 billion over three years.
- Continued disbursements depend on Bolivia meeting agreed reform benchmarks, including zero central-bank financing of the deficit and sustained fiscal consolidation.