Macroeconomy/Finance

Foreign debt reaches $ 11.6 bn and represents 27.3% of GDP

The balance of Bolivia’s external public debt as of April 30, 2020, reached $11.6 billion, according to the latest report from the Central Bank of Bolivia (BCB). The balance of the debt as a percentage of the Gross Domestic Product (GDP) reached 27.3%. The largest creditor is the Inter-American Development Bank (IDB), with $3.3 billion. The Andean Development Corporation (CAF) follows, with $2.6 billion.

Source: El Deber