February 22, 2021
Bolivia's central bank said it returned a $347 million loan to the International Monetary Fund (IMF), rather than take on more debt and adhere to the fiscal and financial "impositions" that came with the credit line.
"This loan. as well as being irregular and onerous due to the financial conditions, generated millions in additional costs costs for the Bolivian government," the Banco Central de Bolivia (BCB) said in a press release.
The loan's costs came to $24.3 million in nine months through Fe
Central bank sends back a $347 mln credit line, rather than take more debt and agree to fiscal "impositions"