• CoralMarks [he/him]
    hexagon
    ·
    4 years ago

    Apparently, if I interpret the thread correctly, they did. Although not all of that is interest:

    "This loan, in addition to being irregular and onerous due to financial conditions, generated millions in additional economic costs for the Bolivian State, which as of Feb. 2021 amounted to $19.6 million due to exchange rate variation; $4.7 million in commissions and interests."

    So, because the loan was about $346.7 million and in the second to last tweet it says they paid back $351.5 million, I would assume that that would include the $4.7 million in interest.
    I have to admit I'm not sure where those $20 million in exchange rate changes figure in here.