Macroeconomy/Finance

Bolivian government is considering returning $449 mn of unused funds

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.

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Source: Pagina Siete