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“We serve as guarantors for a loan made by Bandesal”

Deputy Anabel Belloso, of the FMLN, questions the administration of the Development Bank of El Salvador (Bandesal) of funds obtained from loans whose guarantees have been approved by the Legislative Assembly. The Assembly approved guarantees for $ 240 million and will evaluate another for $ 35 million. “It is precisely the figure of being a guarantor. There, everyone, because we all contribute to public resources, we serve as guarantors or guarantors for a loan made by an instance such as Bandesal, “he said.

Politics

Susana peñate

Thursday 19, August 2021 • 2:30 am

Deputy Anabel Belloso, of the FMLN, questions the administration of the Development Bank of El Salvador (Bandesal) of funds obtained from loans whose guarantees have been approved by the Legislative Assembly. The Assembly approved guarantees for $ 240 million and will evaluate another for $ 35 million. “It is precisely the figure of being a guarantor. There, everyone, because we all contribute to public resources, we serve as guarantors or guarantors for a loan made by an instance such as Bandesal, “he said.

Belloso questions Firempresa’s $ 600 million administration. “It is about public funds and in the end if Bandesal does badly as a national bank and instance, obviously we all pay the consequences,” he said.

He added that the country has had bad evaluations by risk rating agencies. If the guarantee is approved, the current legislature would add $ 2.816 million in state loans and guarantees.

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