Tarija businessmen suggest an injection of $4 bn to avoid recession

The Chamber of Industry, Commerce and Services of Tarija (Caincotar) proposes to the central government to inject liquidity of $4 billion to avoid the deep economic recession caused by the coronavirus. It is 10% of the GDP, which is $41.17 billion. To do so, they suggest managing the funds before international organizations, such as the CAF, IMF, World Bank, IDB, Fonplata and others; in addition to requesting the cancellation of bilateral and multilateral debts or deferring payment to creditors to incorporate this money into the country’s economy.

Source: El Deber