Now that Bolivia has cut diesel subsidies to unlock a $1.9 billion IMF rescue package, is it worth the short-term pain for citizens if it stabilizes the economy in the long run?
Bolivia has cut diesel subsidies after Congress ratified a $1.9 billion IMF deal aimed at easing a deep economic crisis.
Yes, temporary hardship is justified to fix the crisis
No, ordinary people shouldn't bear the burden of the bailout