Regulatory Alerts2012-09-07 | Resolución 165/2012Added · Updated
Resolution 165/2012
The Board of Directors of the Central Bank of Bolivia approves a concessional extraordinary credit of Bs6,012,827,512 to Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for the construction of the Carrasco-Urea-Ammonia Plant in Cochabamba. The loan carries a 0.96% annual interest rate, a 20-year term with a five-year grace period on principal, and disbursements must be completed by September 29, 2017. The resolution mandates the establishment of specific accounts for fund disbursement and debt service, requiring the Ministry of Hydrocarbons and Energy to evaluate and monitor resource execution for each disbursement request.
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