Back

LatinNews Daily - 18 June 2020

In brief: Bolivia’s legislature rejects bill for IMF credit

* Bolivia’s chamber of deputies has ruled by majority vote against a bill backing a US$327m credit from the International Monetary Fund (IMF) intended to help pay for the fallout of the coronavirus (Covid-19) pandemic. The chamber said in a statement that the head of the planning commission, Otilia Choque, ruled against the executive’s bill saying that it had acted irresponsibly in not providing necessary documents such as the credit contract, finance conditions, and guarantees. Choque added that the executive had been “irresponsible to the people” as the credit was already being used despite not having been approved by the legislative assembly. Although since 13 May the commission had repeatedly requested the necessary documents from the interim government led by President Jeanine Áñez, nothing had been provided.

End of preview - This article contains approximately 128 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.