The credits providing by the financial sector rose 12% between January and October, informed the Vice-minister of Pensions and Finance, Omar Yujra. In the first ten months of this year, added the authority, the credits in the financial system grew from $US21.7 billion to $US 24.2 billion, while deposits increased from $US22.7 billion to $US23.9 billion.
The Andean Development Corporation (CAF) praised Bolivia’s public investment program, which has helped to build basic infrastructure in the last ten years. The CAF’s representative in Bolivia, Gladis Genua, said that the Bolivian state had prioritised the construction of highways, water and electric projects that helped to the development of the country. CAF has invested in the last decade $US 2.5 billion in public investment projects.
The Bolivian government announced that in the following days it would sign purchase-sale gas contracts with private firms. However, representatives of Tarija and Santa Cruz, the two leading regions for gas production in Bolivia, warned that the country is not in a position to sell more gas to private clients because the output has dropped.