Latest news in Bolivia? September 12th, 2026
12-09-2026
- IMF Bailout and Fuel Subsidy Reform: The Bolivian government reached an agreement with the International Monetary Fund on a $1.9 billion bailout package. As part of the conditions to stabilize foreign currency reserves, the administration agreed to phase out fuel subsidies by 2027 while increasing targeted social spending to soften the impact on vulnerable households. The measure requires formal ratification by the Plurinational Legislative Assembly.
- Aftermath of the Viacha Military Base Explosions: Investigations and legal actions continue following twin blasts at an army artillery barracks in Viacha, southwest of La Paz. The explosions, which involved stored confiscated fireworks and explosives, killed nine soldiers and injured dozens. Military authorities filed formal complaints regarding past storage protocols, and the legislature moved to expedite support measures for victims’ families.
- Political Debates Over Emergency Measures: Political friction has intensified between the administration of President Rodrigo Paz and opposition figures regarding extensions to the state of exception. Debates center on the legal scope of executive emergency powers following months of protests and blockades over land and economic policies.
- Central Bank Reserves & Economic Measures: The Central Bank of Bolivia reported an accumulation of approximately $401 million in international reserves, reinforcing its monetary stance amid ongoing efforts to manage the transition from the previously pegged currency exchange rate to a managed float.