Bolivia's Central Bank Returns Aez's Requested Loan To IMF

[Judi Lynn]

The authorities said that it will start an investigation to prosecute all officials involved in the illegal arrangement with the FMI. | Photo: Twitter/ @BancoCentralBO

Published 17 February 2021

The Central Bank denounced that the IMF jeopardized the "country's sovereignty and economic interests" through its Rapid Financing Instrument (RFI), which conditioned to a series of fiscal, financial, exchange rate, and monetary duties with the IMF violating the Bolivian legal framework.

Bolivia's Central Bank announced on Wednesday that it had returned US$346.7 million to the International Monetary Fund (IMF), a loan irregularly managed by the de facto government of Jeanine Añez.

"This loan, in addition to being irregular and onerous due to its financial conditions,
generated additional and millionaire economic costs to the Bolivian State, which as of February 2021 amount to US$24.3 million of which US$19.6 million are due to exchange rate fluctuations 19.6 million for exchange variation and 4.7 million for commissions and interest," the institution explained in a statement.

More:
https://www.telesurenglish.net/news/Bolivias--Central-Bank-Return-Anezs-Irregular-Loan-To-FMI-20210217-0019.html





Attempted President Jeanine Añez should have spent some time reading her Spanish Bible, and learned it's dead wrong to massacre, torture, and rob the descendents of the population of a country her ancestors destroyed. ####off, Jeanine Añez.

Hooray for the real Bolivians!