2014-07-14 | RESOLUCION DE DIRECTORIO Nº 071/2014

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Board Resolution No. 071/2014

The Board of Directors of the Central Bank of Bolivia modifies the financial conditions of an extraordinary concessional credit of Bs1,633,372,800.00 granted to the Ministry of Economy and Public Finance for the construction of the cable transport system in La Paz and El Alto. The resolution establishes a 30-year term with zero grace period on principal, an annual interest rate of 0.29%, and annual principal repayments, secured by an automatic debit from a specific Treasury General Account. The President of the Central Bank is authorized to sign the corresponding loan contract under these terms.

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