Bolivia will have to pay $822mn for external debt service

Bolivia will have to pay $822 million this year for its external debt service, which is detailed in $US 454.9 million for capital and $US 367.1 million for interest. According to Bolivia's Central Bank (BCB), the current value of capital plus interest for loans received, concerning the country's exports, represents 7.7%, which is lower than the 15% limit established in the debt sustainability framework of the World Bank (WB) and the International Monetary Fund (IMF).

IDB, CAF and WB represent 76% of external debt as of May 2020

Ninety-two per cent of the loans granted by multilateral entities correspond to the Inter-American Development Bank (IDB), CAF-Latin American Development Bank, and the World Bank (WB). As of May, the IDB granted $ 3.35 billion, CAF, $ 2.59 billion and the WB, $ 941 million. The global bilateral debt was $1.46b trillion, of which 70% has to be paid to China, 20% to France and 4.4% to Germany, according to BCB reports.