Monthly inflation in November this year was 1.11% compared to October. The 11-month cumulative rate reached 3.06% and cumulative 12-month inflation was 3.41%, according to the National Statistical Institute (INE) report.
The United Nations on Thursday demanded further assistance to facilitate the development of landlocked countries, such as Bolivia and Paraguay, which face particular difficulties over their geographical situation in combating poverty. The UN General Assembly adopted a declaration calling for more financial support for these nations and more cooperation to facilitate their access to international trade.
The Government is considering returning $449 million (as at end-November) which had been allocated to the hydrocarbon exploration fund, in force since December 2015. The Incentives Act (Ley de Incentivos) will not be overturned, but the Government will assess whether or not the funds were or will be deployed. The funds were initially taken from regions, universities and others.
The state attorney general, José María Cabrera, revealed on Thursday that at least four international processes facing the country put at risk 1,000 million dollars for possible compensation in case of adverse failures.