A bill project was presented to the Plurinational Legislative Assembly (ALP) with the object of creating control and monitoring mechanisms for public debt and donations received by the State, especially those received during the Covid-19 pandemic.
In the case of public debt emerging from the emission of securities in foreign capital markets, the ALP will have to approve the financial conditions of the emission prior to the emission and will have to prove the State’s capacity to assume payments. As a control and monitoring measure, the Executive will have to remit a detailed trimestral report to the ALP along with documentation related to the use and destiny of the incoming resources from external and internal public debt and security emissions in foreign capital markets.
For the case of donations, the Executive will inform the ALP about all external and internal donations in cash or in kind, in particular those that entered as Covid-19 aid. A detailed trimestral report will also have to be emitted by the Executive on a national, departmental and municipal level for the control and monitoring of donations.