Brazil and Bolivia agreed that from the 1st. January 2020, Brazil will continue to pay for Bolivian gas nominations. Brazil will also not ask for the maximum volumes stipulated in the contract that formally will end this month.
Production of soybeans, maize, sunflower wheat, chia and sage fell by 5% in 2019, said Bolivia’s grain association (Anapo). Anapo’s presidente, Miguel Pantoja, said that the production generated $985 million, 15% lower than 2018. Stagnant production surface, lack of policies to solve existing structural problems, and low international prices are some of the factors that affected the sector.
The agregated budget will be $40.5 billion and the consolidated will be $30.3 billion. The budget forecast an economic growth of 4.24% and inflation of over 3%. It also allocates $5.6 billion for public investment.