Newly designated Bolivian Minister of Production Javier Hurtado asked for an audit amidst claims of missing funds from the Bolivarian Alternatives of the Americas (ALBA) under his predecessor, La Paz-based daily newspaper La Prensa said on Wednesday.

"We asked for an audit and now we are going to assess all the things that have done so far," Hurtado told the newspaper, as quoted by Efe.

Hurtado was designated last week to replace Celinda Sosa.

When Sosa was in office, La Prensa reported that USD 11 million Venezuela lent to Bolivia under ALBA was allegedly missing.

Last week, Dominica joined ALBA, which also comprises Venezuela, Bolivia, Cuba, and Nicaragua.