July 10, 2023, 10:46 PM
July 10, 2023, 10:46 PM
Three days after they were sanctioned by the Senatethe president, Luis Arce, promulgated laws 1514 and 1515 that give viability to two credits for a total of $us 545 millionlaws that the Government has long awaited to meet this requirement.
“Loan Contract No. 5376/OC-BO for the Project “support for vulnerable populations affected by Coronavirus II” signed on January 24, 2023, between the Plurinational State of Bolivia and the Inter-American Development Bank is approved. (IDB), for an amount of up to USD 500,000,000”, indicates the sole article of Law 1514.
The president of the Senate, Andrónico Rodríguez, recalled on Thursday, July 6, that up to now this legislative body It has already approved loans for more than $2.8 billion in 23 bills sent by the Executive, apart from another amount in Euros.
the law 1515 It also approves the signing of the loan contract, this time with the Andean Development Corporation (CAF) for an amount of up to $45 million for the bridge and access construction program in different parts of the country. With which the total is $us 545 million.
In addition, the two laws mandate that it be the Ministry of Economy and Public Financethe one in charge of assuming the repayment of the obligations that are contracted in the execution of the loan, with funds from the TGN.
Deputy Renán Cabezas (MAS) did not miss an opportunity to criticize the level of loans that the country is making to overcome the economic crisis and said that it seems that “The only program that the government has is to go into debt” with multilateral organizations.
In the Chamber of Deputies is pending approval of three other bills, of three international credits: of the IDB for $us 52 million and was frustrated last Thursday; a second loan for $150 million also from the IDB; and a third from the Italian company Cassa Depositio Prestiti SPA, for an amount of €12 million.
This Monday, the board of the Chamber of Deputies he had to meet with the MAS bench and design the approval strategy that they will follow this week to approve the three projects before the recess that will begin on July 17.
