CAINCO calls for injection equivalent to 20% of GDP to avoid business closures and unemployment

A measure proposed by the Chamber of Industry, Commerce, Services and Tourism of Santa Cruz (Cainco) to avoid the closure of companies and the increase of unemployment, is the urgent injection of resources to companies through liquidity lines equivalent to 20% of the Gross Domestic Product (GDP). According to data from the Ministry of Economy, Bolivia’s nominal GDP amounts to $40.58 billion. With that reference, Cainco’s proposal would be about $8.12 billion.

Source: Los Tiempos