The flow of remittances in the first quarter of 2020 reached $285.4 million, lower than the amount registered in the same period of the previous year, due to the measures to contain the spread of COVID - 19 implemented in most of the countries that send family remittances. By country of origin, money transfers came mainly from Spain 41%, the United States 19.6%, Chile 12.9%, Brazil 6.9% and Argentina 5.1%. By destination, remittances arrived mainly to the departments of Santa Cruz 42.3%, Cochabamba 32.4% and La Paz 12.3%.
Swiss Cooperation in Bolivia today launched the DAC Fund: Dialogue and Collaborative Support. The Fund has a budget of nearly USD 4 million, for the next four years, through four calls for NGOs and two calls for NGO networks. Proposals for the DAC Fund can be submitted from this May 13 to June 17, 2020. … Continue reading Swiss cooperation in Bolivia launches DAC fund for $4 mn
The Society of Engineers of Bolivia (SIB) demands from the Government the payment to its associates of 1,621 million bolivianos ($230 mn), for payrolls accrued since 2019 for works performed for state, national, departmental and municipal instances.
Regardless of the low mineral prices, the state-owned Huanuni company reported more than $4 million in losses up to April due to the Covid-19 pandemic.
The balance of the external public debt to March 31, 2020, reached $11.3 billion. Disbursements amounted to $185.1 million. Capital amortization reached $107.3 million, interest and commissions amounted to $114.2 million, with a total debt service of $221.5 million. As to public external debt sustainability coefficients to date, the Solvency indicator (External Debt Balance over Gross Domestic Product DE/GDP) reached 26.6% (the limit is 50%), and the External Debt Service over Goods and Services Exports (SD/Xbs) reached 7.7% (the limit is 15%).