Macroeconomy/Finance

Bolivia manages with the WB the change of its category of “high-middle-income country”

The Government requested the World Bank to change Bolivia’s classification as a “high-middle-income country,” allowing it to access lines of credit with other conditions to deal with COVID-19 and its effects on the economy. The announcement was made to La Razón by the Deputy Minister of Public Investment and External Financing (VIPFE), Gonzalo Quiroga, who in recent days held virtual meetings with representatives of that international body.

Source: CityFalcon