Opec has again lowered its forecast for 2019 oil demand growth in a further sign Saudi Arabia and its partners inside and outside the cartel could be forced to cut supplies to bring the market into balance.
President Evo Morales inaugurated a hybrid solar plan in the locality of El Remanso in Beni. The project required an investment of $US1.37 million. The plant has 524 solar panels and 144 batteries, explained Gerardo Lozada, general manager of Enersol, the company that built the plant.
The Indigenous Development Fund (IDF) invested more than BS. 70.6 million in productive projects in 14 local governments in Beni, said Bolivia’s Rural Development Minister, Cesar Cocarico.
Bolivia’s entrepreneurial base grew 5.6% during the first nine months of this year, from 295,829 to 312,471 companies. 80% of this companies are sole traders, according to a report from the Foundation for Business Development (Fundempresa).
Bolivia’s regions and the Treasury (TGN) will see an income reduction of Bs. 383million due to lower gas exports to Argentina and Brazil, according to a study of the regional government in Santa Cruz.
Mobile transactions in the financial system until September this year reached Bs.1,186 billion, 39% higher than the operations registered in the same period of 2017, reported the Supervision Authority of the Financial System (ASFI).
