CONAMYPE negotiates credit of $500 mn

The National Confederation of Micro and Small Businesses (Conamype) is taking steps to acquire a $500 million credit, aimed at the economic reactivation of micro-businesses that were affected by the quarantine and health emergency of the coronavirus.

Food import volume up 13% in April

The volume of food and beverage imports between January and April 2020 increased by 13% compared to the same period in 2019, according to the latest report from the Bolivian Institute of Foreign Trade (IBCE). The value of imports totalled $2.27 billion, 30% less compared to the amount recorded in a similar period in 2019.

Treatment of the bill for IMF credit of $327 mn is postponed

The Planning, Economic Policy and Finance Commission of the Chamber of Deputies postponed without date the treatment of the International Monetary Fund (IMF) credit project for $US 327 million, requested by the Government because the Ministry of Economy and Public Finance did not deliver the informative documentation of the conditions and clauses that would establish the loan of the international organism.

Chamber of Deputies approves law restoring 12% of HDT funds to territorial entities

Funds will be made available for infrastructure, rapid testing and equipment to combat the coronavirus in the country. The Legislative Assembly informed there is an accumulated amount of $500 million that will go for the exploration and exploitation of hydrocarbons. The intention is to temporarily give 12% of that amount to the autonomous territorial entities and universities so that they can use the money to fight the Covid-19.