Sinking Gas Exports Leave Cash-Strapped Bolivia Needing IMF Deal
Bolivia is low on cash after making more than $500 million in debt payments last month, increasing the urgency of reaching a deal with the International Monetary Fund.
The Andean nation still has about $2.3 billion in debt obligations due this year, according to data compiled by EMFI Securities. And a collapse in natural gas revenues is starving the government of dollars.