US EditionBolivia Risks Debt Default without New Funding: President to AFP
53 Articles
53 Articles
He does not get the parliament to approve the international loans he requested from multilateral entities. According to him, the right-wing opposition and congressmen related to Evo Morales have joined forces to block their financing requests
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Bolivia risks debt default without new funding: president to AFP
Bolivia, battling an economic crisis that has plunged it into social unrest, risks defaulting on its loan payments if it does not obtain new foreign financing, President Luis Arce told AFP on Wednesday.
FATF adds the Virgin Islands and Bolivia to its “grey list” of money laundering Bolivia, which is going through a deep economic crisis due to a lack of foreign exchange, is at risk of failing to pay its foreign debt if it does not get new financing, said President Luis Arce in an interview with the AFP. “We are trying not to get into default. We have every intention of paying our debt, but if we do not have the resources?” said the leftist presi…
According to the press of that country, it is the first time in two decades that private people buy gas without the participation of their government. Since Monday more than 3 million cubic meters are transported daily. [caption id=
A poll conducted by Brújula Digital through its social networks revealed that the majority of citizens do not believe that the approval of new international credits will help to alleviate the economic crisis in Bolivia.
The president accused Evo Morales and the opposition of blocking disbursements in Congress. The country needs 2.6 billion dollars to avoid default before the end of the year. Arce's entry warned of a possible default in Bolivia: he blamed the opposition for blocking international loans was first published in #BorderPeriodismo.
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