Since December 2, the Internet rates of the Home Plan of the State – Owned National Telecommunications Company (Entel) have dropped by at least 41%, thanks to the implementation of a fibre optic system that will save $12 million in operating costs.
Deposits in the financial system decreased 1.04% in October, from Bs.180,683 billion ($26.2 billion) to Bs.178,801 billion ($25.9 billion) according to data from the Bolivian Financial Authority (Asfi). October has been marked in Bolivia by political uncertainty and social unrest after the election of 20 October.
Bolivia could import crude oil and process it in the country’s refineries to reduce fuel imports, said the Hydrocarbons Minister, Victor Hugo Zamora. In 2018, Bolivia spent $1.251 billion on imported diesel and gasoline and as of October this year, it spent around $1.3billion.
Bolivia’s government plans to build a fuel distribution plant in the south of the city of La Paz, to prevent fuel shortages in the future like the ones suffered after supporters of forme president Evo Morales blocked the Senkata plant, in El Alto, provoking severe shortages of gas and gasoline.
