The Parliament of Bolivia has not allowed the interim government to accept IMF loan

the Parliament of Bolivia has rejected the adoption of the IMF loan in the amount of $327 million, is designed to combat coronavirus. The loan was requested by the provisional government and approved by the International monetary Fund, reports RIA “Novosti” with reference to local news Agency ABI.

In Parliament, described the reason for the decision, the absence of certain accompanying loan documents. In this case, the government noted that since Bolivia is one of the countries-shareholders of the IMF, requested by Parliament, the documents are not necessary. A government spokesman added that during the reign of Evo Morales, the Parliament has approved 230 loans totaling $17 billion, and called this decision of deputies politicized.

currently before Parliament there are four loans totaling more than $1 billion requested by the provisional government to fight the pandemic.

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