2015-01-26 | RESOLUCION DE DIRECTORIO Nº 018/2015

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Board Resolution No. 018/2015

The Board of Directors of the Central Bank of Bolivia approves modifications to the SANO Credit Contract No. 156/2014 with the Ministry of Economy and Public Finance. The total credit amount is increased from Bs1,633,372,800 to Bs4,720,372,800 for the construction of the Cable Transport System in La Paz and El Alto. The guarantee is changed from an automatic debit of a specific Treasury account to Non-Negotiable Treasury Bonds, while the interest rate, term, and repayment schedule remain unchanged. The President of the Central Bank is authorized to sign the corresponding addendum.

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