Macroeconomy/Finance

Bolivia will have to pay $822mn to creditors this year

The Central Bank of Bolivia (BCB) projected that Bolivia would pay off its creditors this year the sum of $822 million: $454 million for capital and $367 million for interest. The Center for Labor and Agricultural Development Studies (CEDLA) suggests that the government apply urgent measures to confront the crisis caused by the coronavirus pandemic, including seeking the suspension of foreign debt payments and achieving forgiveness.

Source: Página Siete