The amount of $ 351.5 million corresponds to $ 327.2 million agreed in April 2020 by the Yemeni administration Janine Anise In addition to another 24.3 million dollars for changing exchange rates, interest and commissions.
The Central Bank of Brazil (BCB) explained that it “made the comeback” for various reasons, such as it was “cumbersome” and “infrequently managed by the de facto government” in Anez, which replaced the leftist in November 2019. Evo Morales, Amid a social revolution of the opposition.
The Bolivian Bank also stated in its statement that it had conducted a financial credit analysis and that it had determined that the International Monetary Fund had linked its assistance to “a series of financial, financial, monetary and disbursement assumptions,” without giving further details.
The Brazilian Central Bank, which relies on the executive branch, has announced that it will implement civil and criminal measures against government officials responsible for managing financial support to the International Monetary Fund.
After the loan was approved in April 2020, the government then submitted a law to Parliament for approval, but Congress, controlled by Morales’ party, the Socialist Movement (MAS), rejected it.
Then MAS argued that the government had not sent the requested documents. Morales, the leftist, distanced himself from the International Monetary Fund during his 14 years in office (2006-2019) and refused any credit.
International Monetary Fund spokesperson, Jerry Rice He indicated last June that the credit to support Bolivia’s balance of payments was “transparent”.
