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Junio 12, 2005
Bolivia External Debt
As of March 31, 2005, Bolivia's external debt totaled $4.88 billion dollars according to the Banco Central de Bolivia. The country owes a large amount of that to the World Bank and International Monetary Fund. The 18 countries that were included in the first batch of forgiven countries are expected to spend that money on health, education and other poverty reducing initiatives. Thirty percent of Bolivia's budget was spent towards its enormous debt.
Posted by eduardo at Junio 12, 2005 02:40 AM