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    Bolivia's Political Crisis Freezes $1.8 Billion in Development Funds

    Bolivia Faces Political Gridlock as $1.8 Billion in Credits Remain Frozen La Paz, Bolivia – Political tensions continue to escalate in Bolivia as prominent figures call for the immediate arrest of former president Evo Morales and several assembly members. The accusations center on alleged violations of the Bolivian Constitution. Adding to the turmoil, a significant sum of money intended for crucial economic development projects remains stalled due to political gridlock. Maribel Ávalos, a key figure in the unfolding drama, voiced her concerns in a recent interview, stating, "We demand swift justice and an end to this impunity. These individuals, who have sworn to uphold the constitution, are instead sabotaging the nation's economy." The funds, totaling over $1.8 billion, are earmarked for infrastructure projects such as roads and bridges, crucial for bolstering Bolivia's economic growth. The situation underscores the deep political divisions within Bolivia and highlights the urgent need for resolution to unlock vital economic resources for the benefit of the population. The coming days will be crucial in determining how this crisis unfolds and whether a path towards stability and progress can be found.

    2 months ago
    BO
    La Paz, Bolivia
    news release
    politics
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