Macroeconomy/Finance

Bolivian Government Reduces Electricity Rates by 30% in April

Through Supreme Decree 4197, the Bolivian Government provides for a 30% reduction in monthly billing for April 2020, in electricity rates for consumers in the household category, as a result of the declaration of a national health emergency and quarantine for Coronavirus (COVID-19). In the same Decree, the payment of the Bs 500 ($71.8) Family Bonus was established, which will be paid only once in April.

Source: Erbol