Bolivian legislators ask to inspect gold reserves

Opposition politicians claim government wants to monetise and spend gold

Central Bank of Bolivia
Central Bank of Bolivia
Photo: Rachael King

A group of Bolivian legislators have asked the central bank to permit them to physically inspect the gold held in the institution’s reserves.

The initiative is part of a continuing debate over changes to the management of the country’s gold reserves set out in a draft law. The law is said to allow the Central Bank of Bolivia (BCB) to collateralise the gold reserves without seeking permission from the legislature. However, the central bank denied this in an August 31 press release.

The proposed

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