Day: Jan 29, 2020

As of September 2019 Bolivia’s trade deficit reached $700M

Bolivia’s trade deficit reached $700 million as of September 2019, reported the National Chamber of Industries (CNI). Based on data of the National Institute of Statistics (INE), the CNI said that Bolivia’s trade with the world has been negative the last five years: $920 million in 2015, $1.3 billion in 2016, $949 million in 2017, $935 million in 2018 and $700 million by September last year.

The Bolivian State owes the construction sector more than $143.7mm

The State and its executing units at the national, departmental and municipal levels owe the construction sector more than $143.7 million. The financial, labour and tax costs generated by unpaid spreadsheets are absorbed by construction companies, leaving them, in many cases, at risk of bankruptcy, resulting in the loss of employment sources. In the period 2018-2019, the construction sector reduced from 650 thousand to 350 thousand jobs.