Bolivia's lower house passed Paz's reworked 2026 budget, targeting a smaller fiscal deficit and tax breaks for producers, and sent it to the Senate.
Key Facts
—The vote. Bolivia’s lower house passed President Paz’s reworked 2026 budget on Saturday, July 4, after hours of debate.
—The goal. Officials say the plan cuts the fiscal deficit toward nine percent of output, down from a much higher base.
—The incentives. It waives import duties and value-added tax for five years on equipment for key productive sectors.
—The restraint. The revised text trims planned central-government salaries by about 976 million bolivianos.
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