In government meetings with the International Monetary Fund (IMF) in Washington (USA), an exchange of foreign currency for up to 330 million dollars agreed upon in favour of the country, whose transfer does not need the endorsement of the Legislative Assembly. It will use the resources to pay salaries, to attend to the demands of the health sector, to grant bonds and to alleviate the effects that the fires cause in the Bolivian Chaco and the Amazon.
Day: Oct 12, 2020
Bolivia presents $440 mn lithium project in Salar de Coipasa
The transitional government seeks to lay the foundation for the lithium business. With an estimated investment of $424 million, on Thursday, they presented the project, which contemplates the installation of a complex for the annual production of 25,000 tons of battery-grade lithium carbonate.
The World Bank modified its projection and forecasted a 7.3% drop in GDP
The World Bank (WB) modified today its recession projection of Bolivia's economy, and for this year it foresees a 7.3% fall of the Gross Domestic Product, due to the (GDP) pandemic of the coronavirus and the fall of the international price of oil. In his previous forecast, in June, he calculated a fall of 5.9%.
BDP financed over $38.9 mn for 4,420 projects led by women
The Banco de Desarrollo Productivo (BDP) through its business line "Jefa de Hogar BDP" would be financing 4,429 women's projects throughout the country. At the end of September 2020, more than Bs 271 million ($38.88 mn) disbursed thanks to the acceptance of the product among women who carry out productive activities and seek to improve or expand their production unit.
Red alert declared in Kaa Iya National Park for forest fires
The National Service of Protected Areas (Sernap) declared a red alert in the Kaa Iya National Park and Integrated Management Natural Area (IMNA) of the Gran Chaco, Tarija, in the last hours due to forest fires. According to the latest report from the National Command of Incidents, 39 municipalities, in six departments: Santa Cruz, Beni, Chuquisaca, La Paz, Tarija and Cochabamba, are affected by the fires.
