Bolivia is among the lowest indebtedness levels in the world, according to Minister of Economy
Bolivia’s total external and internal public debt is at 46 percent of gross domestic product (GDP) and is among the lowest in the world, informed today the Bolivian Minister of Economy and Public Finance, Marcelo Montenegro.
He explained to journalists that the increase in debt in some countries has already reached more than 300 percent of the GDP of their economies.
He also emphasized that the debt contracted by the Bolivian State is destined for investment projects, not for current spending and salary payments. Read More..
