// Workers AI · dad joke modeWhy was foreign aid to Bolivia a loan? It was a Bolivia-stic measure.
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 Bolivia portal |
In 1998 the World Bank and International Monetary Fund awarded Bolivia a debt relief package worth US$760 million.[1] Bolivia has also received relief under the World Bank's Heavily Indebted Poor Countries program, which, if Bolivia meets all checkpoints, will total US$1.2 billion by 2011.[1] In 2004, the United States designated more than US$150 million for assistance to Bolivia.[1]
Under President Evo Morales, Spain has agreed to forgive $120 million (99 million Euro) in Bolivian debt on the condition that the money go towards developing educational programs.[2]
See also
[edit]References
[edit]- 1 2 3 "Country Profile: Bolivia" (PDF). Federal Research Division, Library of Congress. January 2006. Retrieved November 5, 2020.
This article incorporates text from this source, which is in the public domain.{{cite web}}: CS1 maint: postscript (link) - ↑ "Spain to write off Bolivian debt". 2006-01-05. Retrieved 2019-01-09.