The Bolivian government will sanction those who “generate false information” about the shortage of money

The government of Bolivia impondrá sanctions for whom it is “generate false information regarding the shortage of money. The penalties would be between five and ten years in prison.

“We are going to be very severe if there are people who generate false information,” said the executive director of the Financial System Supervision Authority (ASFI), Reynaldo Yujra. In addition, the ASFI official remarked that “unfortunately there are bad Bolivians who, instead of supporting the country by working and making an effort to help us continue to grow, dare precisely to generate these totally unfounded speculations,” according to what was published. Europa Press.

In statements to a local media outlet, Yujra denied that the supervisory body has restricted operations, ruled out the lack of foreign currency and stated that 86% of deposits are in national currency.

“Basically the financial system operates in national currency. What is being seen is unfounded speculation. Someone is seeing that business can be done with dollars,” Yujra stressed.

Consequently, he warned that the Bolivian government, through the financial entity, is empowered “to initiate criminal proceedings” with penalties ranging from five to ten years in prison. “We are going to be very severe if there are people who generate false information,” according to what the newspaper published. Duty.

Record in remittances

Days ago, the president of Bolivia, Luis Arce Catacora, highlighted through his Twitter account an important economic growth in that country.

“The economic reconstruction of Bolivia is also promoted thanks to the great work and effort of our compatriots abroad. In 2022, our family remittances broke a historical record, reaching 1,437 million dollars, 2.7 percent more than in 2021. United and united, we are advancing!”, published the head of state.

NT / ED

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