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Bolivia Raised by Fitch on Lower Risks of Default, Restructuring

Bolivia Raised by Fitch on Lower Risks of Default, Restructuring

16 Ocak 2026Bloomberg

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Bolivia's credit rating has been upgraded by Fitch Ratings, reflecting a decrease in the likelihood of default. This improvement is attributed to the new government's successful efforts in securing additional funding and implementing spending cuts. These measures indicate a positive shift in Bolivia's fiscal management and economic outlook.

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The upgrade from Fitch is a significant indicator of Bolivia's improving financial stability. By effectively managing its budget and seeking new funding sources, the government is not only reducing immediate financial risks but also potentially laying the groundwork for sustainable economic growth. However, it remains to be seen how these changes will impact the broader economy in the long term.

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Fitch Ratings is one of the major credit rating agencies that assess the creditworthiness of countries. An upgrade in credit rating usually leads to lower borrowing costs and increased investor confidence, which can have positive ripple effects on the economy.

This article is for informational purposes only and should not be considered financial advice.