$19 million will be invested and financed by the International Monetary Fund (IMF). In the next six months, at least 11,000 people expected to be inserted in the formal sector of the economy. The government will subsidize salaries for six months.
The national government has decided to approve the rescue plan for Bolivia’s state-owned airline, BoA, and is managing the delivery of $25 million of the $50 million the airline needs to overcome the economic crisis
The Banco de Desarrollo Productivo (BDP), reported that the portfolio of the financial institution, on the first floor, exceeded Bs 2 billion ($ 287.3 mn) at the end of May 2020. 50% of the bank’s portfolio concentrates in Santa Cruz, the most influential region of BDP productive credit. Bs 7.3 billion ($1.05 bn) projected for the end of this year.
The Government launched a new housing plan through which it projects the construction of some 20,000 houses with a fund of up to Bs 2.5 billion ($359.2 mn). Loans of up to Bs 150,000 ($21,550) will be granted to a segment not been served before by social housing loans. The interest will be 5.5% annually.
The Government owes two invoices for the metropolitan train that total 250 million Bolivianos ($35.9 mn), pending since September 2019, and another Bs 8 million ($1.5 mn) for interest, established according to contract in case of non-payment. The work paralyzed at two-thirds of its progress.
