Early repayment of IMF loan generates $24.3mn loss

The early repayment of $351.5 million to the International Monetary Fund (IMF) for a loan obtained in April 2020 generated an economic loss for the $24.3 million in the Bolivian state. The president of the Central Bank of Bolivia (BCB), Edwin Rojas, reported yesterday that the loan managed irregularly and that the conditions were onerous and disadvantageous for the state.

Source: Los Tiempos