Social conficts in Bolivia are causing a daily $120 million loss, which in 28 days of conflicts means a $3.3 billion loss, warned the Federation of Private Entrepreneurs of La Paz. The organisation also said that the 2019 GDP estimations has been reduced from $44 billion to $40.6 billion.
The collapse of Evo Morales’ government is likely to further delay the auctioning of transport capacity on the Gasbol pipeline to Brazil.
The industrial sector in Cochabamba, Bolivia, estimates a $500 million loss due to the current unrest in the country. He added that the lack of natural gas, due to the damages caused the the Carrasco-Cochabamba pipeline, has forced at least 65 regional industries to reduce or stop their activities.
Until October, the government of former President Evo Morales spent only BS.135.9 billion ($19.7 billion) of the national budget, which represent only 54.6% of the total Bs.249 billion ($36.1 billion) allocated for 2019.