The Minister of Public Works, Iván Arias Durán, announced the creation of a Metropolitan Basin Authority to monitor the 16 rivers in Cochabamba and prevent natural disasters like the one in Tiquipaya that damaged 70 houses.
In 2019, Alicorp achieved 19.1% growth to 9.9 billion soles in net sales ($2.9 billion). The Peruvian consumer goods company announced that it will continue to invest heavily in countries such as Ecuador and Bolivia.
Bolivia’s forestry sector closed with a positive trade balance of $ 2.36 million in 2019, as it exported $55.54 million and imported US$53,18 million in timber products, reported the Bolivian Forestry Chamber (CFB).
Bolivia’s Bank association (Asoban) wants to review the regulated portfolio quotas, especially in the productive and social housing loans. According to Asoban, last year productive and social housing loans represented 62% of the portfolio.
Drought and flooding have compromised soybean production in Santa Cruz, in eastern Bolivia. Floods in the region have left at least 1,000 hectares of soybeans under water, while the recent drought has reduced the yield potential of about 400,000 hectares, resulting in a loss of 500,000 tons of soybeans or a loss of about $140 million.