New loans of $7bn would boost foreign debt to 46% of the GDP

As of June of this year, according to the Monetary Policy Report (MPR) 2020 of the Central Bank of Bolivia (BCB), the balance of Bolivia’s public foreign debt amounted to US$11.3 billion, 28.4% of GDP. However, loans of $7 billion negotiated with the Inter-American Development Bank (IADB) and the World Bank would increase the ratio to 46% of the GDP, which is above the threshold recommended by these institutions and close to the 50’% recommended by CAF.

Source: Página Siete