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Bolivia’s Paz Names Morales as New Finance Chief With New Loans a Priority
Source: Bloomberg
Fiscal Policy & BudgetSovereign Debt & RatingsBanking & LiquidityEmerging Markets
Bolivia President Rodrigo Paz appointed Christian Andrés Morales as finance minister, tasking him to coordinate with international lenders to secure up to $10 billion in new financing. The move is primarily focused on sovereign funding/cash-flow support rather than an immediate policy outcome, implying limited near-term but meaningful medium-term credit/liquidity implications for an emerging-market issuer.
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