The Governor’s Office of Santa Cruz will suspend at least eight projects for Bs 35 million ($ 5 million), due to the fall in oil prices and the reduction of its income. The institution budgeted Bs 250 million ($35.9 million) for 2020 with a reference price of $52 per barrel of oil. The cost of crude oil fell to $20 per barrel, affecting income nationwide.
Bolivia Económica aims to promote responsible cross-border trade & investment by facilitating the transparent flow of information to and from Bolivia.
