Bolivian central bank under fire for lending to public enterprises
The Central Bank of Bolivia (CBB) has come under fire for lending money to public corporations - a practice that is traditionally outside central banks' purview and typically considered economic bad practice.
The central bank, which has supplied parts of the public sector with credit on generous terms since 2009, in November lent over 74 million bolivianos ($10.7 million) to Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivia's state-owned petrol company - the fiftieth time it had lent
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