Foreign debt rises to $11.3 bn and expects to increase further with economic recovery

Between December 2019 and June 2020, Bolivia’s foreign debt rose from $11.268 billion to $11.3 billion. Data from the Central Bank of Bolivia (BCB) refer that it is a sustainable amount because it is below 40 per cent of the Gross Domestic Product (GDP); however, specialists warn that, given the economic crisis generated by the coronavirus, the debt will continue to grow and the government will have to make adjustments to control the circulating capital and avoid an inflationary process.

Source: Los Tiempos