Bolivia will have to reimburse at least $130 million for the drilling of the Boyuy X-2 well because the government did not sign an independent contract that allows covering the risk, said oil expert Raúl Velásquez. The exploration in Boyuy X-2, according to the experts has not been successful and more exploration will be needed.
Public investment in Bolivia reached 13% of execution by the end of the first quarter of 2019. The total expended in public projects reached $630 million, 2% less than the originally programmed. The 2019 budget includes a public investment of $5.3 billion, said the Planning Minister, Mariana Prado.
Bolivia will invest at least $2 billion this year in infrastructure projects. The projects will focus in the areas of transport, housing and telecommunications, said Public Works Minister, Oscar Coca.