Macroeconomy/Finance

Foreign debt grows by 3.2% until April and reserves fall by the same percentage until July

The country’s public external debt grew by 3.2% from January to April of this administration; while net international reserves fell by the same percentage on July 3, according to data from the Central Bank of Bolivia (BCB). The Inter-American Development Bank (IDB) is the largest creditor in 2020 with $3.37 billion, followed by CAF with $2.62 billion and the World Bank with 960.4 million. Bilateral creditors show China as the main creditor with $1.031 billion, France with $285.8 million, Germany with 65.6 million and South Korea with $45.8 million.

Source: Los Tiempos