GOV RADAR / Americas

Bolivia

볼리비아 · BO

Updated 2026-11-07 · as of 2026-10~11 대통령실 발표와 언론 보도 기준 · Stable

After 20 years of MAS rule, the Paz government is ending fuel subsidies and stabilising the economy under an IMF programme, but it lacks a legislative majority and is at odds with its vice president. The boliviano has lost much of its value over the past year.

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Government · leader

President Rodrigo Paz Pereira (head of state and government since 8 Nov 2025, Christian Democratic Party)

Key national agenda

  • Ending fuel subsidies and fiscal stabilisation
  • IMF programme and a market-based exchange rate
  • Attracting external loans and legal certainty for investors
  • Amazon restoration and climate finance
  • Rule of law, including the effort to arrest Evo Morales

Government programmes

IMF extended programmeAbout $1.9bn ceiling ($214m disbursed at once) (single source)

36-month programme conditioned on ending fuel subsidies, a market exchange rate and SOE reform; $214m available immediately

AgencyMinistry of Economy and Public Finance
BudgetAbout $1.9bn ceiling ($214m disbursed at once) (single source)
StatusOngoing
Sources
Fuel subsidy removalNot confirmed

Decrees 5716 and 5727 ended diesel and other fuel subsidies; protests, road blockades and a 90-day extension of the state of exception (Sep 2026) (single source)

AgencyMinistry of Hydrocarbons and Energy
BudgetNot confirmed
StatusOngoing
Sources
Lithium contracts (China's CBC, Russia's Uranium One)Not confirmed

Two contracts signed under the Arce government are stalled pending the Constitutional Tribunal and the Assembly (single source)

AgencyYLB (Yacimientos de Litio Bolivianos)
BudgetNot confirmed
StatusOn hold
Sources
Electricity toll calculation change (Decree 5764)Not confirmed

The executive issued a decree changing how the electricity toll is calculated (single source)

AgencyMinistry of Hydrocarbons and Energy
BudgetNot confirmed
StatusIn force
Sources

Business opportunities

SOE restructuring and financial management consulting

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Amazon restoration and wildfire monitoring technology

The government is seeking international climate finance for Amazon restoration.

Ministry of Environment and Water, international donors

Diagnostics equipment for climate-sensitive diseases

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ODA · EDCF projects

  • KOICA Vida complementary project (climate-sensitive disease diagnostics, Beni) · KOICA 무상 · 진행 · Not confirmed

Korean support schemes

  • KOICA health project in Bolivia · KOICA — NGO partnership project strengthening climate-sensitive disease diagnostics in Beni
  • SME Export Voucher · KOSME — Covers certification, marketing and translation costs (available for all countries)

Official notices

Ministry of the Presidency of Bolivia

  • 2026-11-06 Enacted a law making 19 November the national Constitution Day
  • 2026-11-05 Sought Amazon restoration and climate finance on a visit to Turkey
  • 2026-11-04 President Paz highlighted Bolivia's resource potential and investment in Madrid
  • 2026-10-15 Minister of the Presidency said external loans will not fund bureaucracy or vanity spending

Disaster · conflict · epidemic

Stable 2026-11-07

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Credit rating · FX

S&P CCC+ (stable, Mar 2026) / Moody's Caa2 (positive) / Fitch not confirmed · K-SURE Not confirmed · BOB +0.7%

Sanctions

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No country-level UN, US, EU, UK or Korean sanctions programme applies.

Sources

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