Decree consolidates right of indigenous people to own property

The Bolivian Government issued the Supreme Decree 4320, which consolidates the right for indigenous people to own property. The decree is a response to the demands of the original indigenous peasant organisations, which have been the ancestral owners of their lands. The INRA and the leaders of the indigenous ayllus (communities) will install technical working groups to reach a consensus on regulations to implement the decree.

CAF issued $750 million in bonds for Latin America’s economic revival

The Latin American Development Bank (CAF) has issued $750 million in bonds, maturing in five years, to promote Latin America's economic revival. The issuance attended by 93 U.S. investors, mainly fund managers, public institutions, pension funds and commercial banks. The underwriting banks were Citi, Daiwa, Goldman Sachs and Nomura. CAF's comprehensive strategy includes a regional emergency credit line of $2.5 billion to reinforce anticyclical economic measures.

BDP spent $130.2 mn to support employment and labour stability

To provide resources to companies and provide support to the payment of workers' salaries; the Productive Development Bank (BDP) has spent the 100% of the Bs 900 million ($130.2 million) of the Emergency Plan to Support Employment and Labour Stability. The plan was created to support companies during the sanitary emergency due to the Covid-19 pandemic. The funds were placed in 12 financial institutions and to date have supported 3,000 companies.

73% of fires are on fiscal land and large properties

Seventy-three per cent of the 552,142 hectares of forest and pastureland burned by forest fires in the department of Santa Cruz as of September 15, 2020, correspond to public lands and large agricultural properties. Again, the Chiquitania region is the most affected. The work of the State to protect and control fiscal lands is questioned since legally there should be no human settlements or fires in these places. However, they are appropriated by groups who are starting to burn in the face of the national government's permissiveness.

In addition to DS 3973, it is necessary the repeal of 9 regulations that allow fires

The repeal of Supreme Decree 3973, which authorizes burning and clearing for agricultural purposes in Santa Cruz and Beni, will not be enough to prevent forest fires in eastern Bolivia, since there are at least nine regulations that give the green light to clearing and burning that should leave without effect. The repeal of decree 4232, which opens the way for the use of five transgenic crops and "is spurring the clearing and burning", is fundamental. He adds that Law 740, which extends the period of verification of the Economic and Social Function (FES) to five years, and Law 741, which authorizes the clearing of up to 20 hectares for agricultural purposes, should be left without effect. Law 1098 that establishes the regulatory framework for the production of biodiesel and Article 5 of Decree 26075, which authorizes the conversion of lands for permanent forest production to agricultural use in the department of Santa Cruz.