Macroeconomy/Finance

$14.37 million earmarked for direct employment

The Government explained the five pillars of the plan to revive the economy. The first one is direct employment which consists in seeking opportunities for the unemployed and which receives an allocation of Bs 100 million ($14.37 mn), the second pillar is the offer of a new line of credit at an annual interest rate of 3%, the third pillar is tax incentives, it prepares a rule that will help tax payments. The fourth pillar is an incentive for the consumption of Bolivian products. The fifth pillar is a reduction of 15% to all the sectors in the General Budget of the Nation.

Source: El Deber