Rodrigo Paz Pereira, Bolivia's president since the June 2026 election, announced on July 21 that his government is negotiating a package of external credits of up to US$5 billion with the IMF at its centre, and promised clear economic signals on investment and production in the coming days as Bolivia recovers from a dollar-shortage crisis
Bolivia's natural-gas-funded state model collapsed after 2014, leaving the Andean nation with near-depleted reserves and Latin America's most acute fiscal crisis as of mid-2026.
full dossier ›Bolivia's Ministry of Economy issued Resolution 245 on 26 June 2026, formally ending the Bs 6.96/USD fixed exchange rate in place since 2011 and transitioning to a flexible regime; the Banco Central de Bolivia set an opening rate of Bs 9.73, a roughly 40% devaluation, effective 29 June, as net international reserves held at approximately US$3.1bn and a parallel-market dollar had been trading near Bs 20
Defence, education and labour ministers gone in ten days; ~100 roadblocks, fuel and food shortages, and calls for the new president to quit
A Tarija criminal court declared former Bolivian President Evo Morales in contempt on 11 May 2026 and issued an order for his arrest after he failed to appear for the opening of his trial on aggravated human trafficking charges; police were authorised to seize him anywhere in the country and migration authorities were ordered to block his exit