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Banco Central de Bolivia Print this page
Bolivia’s central bank has removed more than a dozen senior management personnel as the recently elected government reverses its predecessor’s economic policies.
More than 12 senior officials at the Banco Central de Bolivia were effectively dismissed, says a report in
Brújula Digital.
The newspaper says those dismissed include the manager for international operations, the principal adviser on political economy, and subdirectors of the reserves, planning and administration, and
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Bolivia returns IMF loan
February 22, 2021 Central bank sends back a $347 mln credit line, rather than take more debt and agree to fiscal impositions
Corporate & Sovereign StrategyEconomy & PolicyLoansBoliviaUSCoronavirus 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