Regulatory Alerts2016-04-05 | RESOLUCIONES DE DIRECTORIO N° 059/2016Added · Updated
Board Resolution No. 059/2016
The Board of Directors of the Central Bank of Bolivia amends the Specific Regulation for the Credit granted under Law No. 317 by adding Article 11, which establishes the documentation required to modify the Credit Contract for the Montero–Bulo Bulo railway project. The Ministry of Economy and Public Finance must submit a written request signed by the Minister, a new payment and disbursement schedule, and a legalized presidential decree appointing the Minister. This modification allows for the extension of the disbursement deadline for Contract SANO No. 147/2014 until December 31, 2018, and the resolution enters into force on the date of its approval.
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