Key insights
- An IMF mission is in Bolivia for technical discussions, potentially leading to a $2.6-3 billion program over three years. While seemingly localized, instability in emerging markets can indirectly impact global risk sentiment and commodity prices, creating a slight negative influence on US equities.
Investing.com -- A technical mission from the International Monetary Fund is currently in Bolivia meeting with private and public sector representatives, an IMF spokesperson confirmed.
The mission arrived last week and is scheduled to visit Santa Cruz and La Paz during its stay in the South American nation.
Earlier this month, Bolivia’s Finance Minister Jose Gabriel Espinoza indicated that an IMF program could deliver between $2.6 billion and $3 billion to the country over the next three years.
The IMF team’s visit follows the end of protests by Bolivia’s cooperative miners in La Paz. The miners concluded their demonstrations after reaching agreements with the government.
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