Macroeconomy/Finance

Bolivia: the economy shrinks 5.6%.

Preliminary data from the National Institute of Statistics (INE) reflect a 5.6% contraction in the Bolivian economy during the cumulative period from January to April 2020. The World Bank predicted that the Bolivian economy would contract by 5.9% this year due to the effect of the pandemic, and the INE data seems to confirm this trend.

Source: Nueva Economía