Bolivia Presidential Candidate Proposes Credit Freeze Amidst Economic Crisis

Bolivia's Economic Crisis: Presidential Candidate Proposes Credit Freeze LA PAZ, BOLIVIA – Amidst growing economic hardship in Bolivia, presidential candidate Eduardo Del Castillo has proposed a groundbreaking solution: a complete freeze on all credit payments until the end of the year. The proposal, unveiled on June 10th, 2025, targets vulnerable segments of the population, including small business owners, transporters, and families. The initiative, dubbed the "Exceptional Deferral of Credits," seeks immediate approval from the Bolivian Assembly. Del Castillo's proposal aims to provide immediate relief to those struggling to meet their financial obligations. "The situation is complicated in Bolivia," Del Castillo stated, emphasizing the urgency of the matter. The freeze would cover both capital and interest payments, offering a much-needed lifeline to many. The video accompanying the announcement shows various scenes of everyday Bolivian life, emphasizing the widespread economic difficulties. The proposal has sparked significant debate, with supporters hailing it as a necessary measure to alleviate financial strain and opponents raising concerns about potential long-term economic consequences. The Bolivian Assembly is expected to deliberate on the proposal in the coming days, making this a crucial moment for Bolivia's economic future. The outcome of this decision will significantly impact the lives of millions of Bolivians.