The mining sector will grow 26% this year and the royalties will reach $US182 million, which will have a positive impact on future investments, stated the Mining Minister, Cesar Navarro.
The second year-end bonus has to be cancelled by 29 March 2019 in the private sector, established the decree 3747 approved by the Bolivian government. Workers who earn up to Bs15,000 ($US2,173.7) will receive the benefit.
15% of the second year-end bonus have to be used to buy national products, established the supreme decree that regulates the payment of the benefit. According to the decree, a mobile wallet system will be established to allow the workers to buy national products, but the will have to provide their mobile numbers. The system will be optional for the private sector but the companies will need to negotiate an optional system with their workers.