Foreign debt reaches $11.62 bn, and Government announces steps to suspend payment for two years

Bolivia’s foreign public debt as of April 30, 2020, reached $11.62 billion. The Central Bank of Bolivia (BCB) reported that the debt reached 27.3% of the Gross Domestic Product (GDP). The government is going to negotiate with international creditors to suspend the payment of the foreign debt service until Bolivia recovers economically.