Regulatory Alerts2013-10-03 | RESOLUCION DE DIRECTORIO Nº 130/2013Added · Updated
Board Resolution No. 130/2013
The Board of Directors of the Central Bank of Bolivia approves modifications to the Specific Regulation for the granting of credit under Law No. 317 to finance the Montero-Bulo Bulo railway segment. The amendments update Article 1 to reflect the credit authorization under Law No. 396, restrict guarantees to non-negotiable Treasury Bonds issued by the General Treasury of the Nation, and exempt protocolization expenses for the credit contract. Additionally, Article 8 clarifies that the Ministry of Public Works, Services and Housing is responsible for the use, execution, and evaluation of the transferred resources, with semi-annual reporting obligations to the Central Bank.
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