The city of Bermejo, on the border with Argentina, will be incorporated into the National Interconnected System (SIN) until February 2022 with the execution of the 115 Kv transmission line from La Angostura (Tarija). The interconnection, of 145 kilometres in length, is in charge of ENDE Transmission, a subsidiary of the National Electricity Company (ENDE) which is investing more than $18 million.
As of June of this year, according to the Monetary Policy Report (MPR) 2020 of the Central Bank of Bolivia (BCB), the balance of Bolivia's public foreign debt amounted to US$11.3 billion, 28.4% of GDP. However, loans of $7 billion negotiated with the Inter-American Development Bank (IADB) and the World Bank would increase the ratio to 46% of the GDP, which is above the threshold recommended by these institutions and close to the 50'% recommended by CAF.
The fire entered the forest management area of the El Tuna concession and threatens to destroy the stock of harvested wood - more than 1,000 logs - from last year's and this year's harvest. The productive sector says that the stoppage of operations limits access to and supply of raw material. The affected forest management area totals 80,672 hectares.
The Minister of Economy and Finance, Branko Marinkovic, today appointed Agustín Saavedra Weise as the new president of the Central Bank of Bolivia (BCB). The new head of the Central Bank was Minister of Foreign Affairs. He held high positions in the private sector, was general manager and chairman of the board of several companies.
More than 1.8 million hectares in the Madidi and Apolobamba national parks, in the north of La Paz, are consumed by fires. The Government will use a Boeing CH-47 Chinook helicopter, that arrived last night in Santa Cruz, to fight the wildfires. The situation is getting worse all across the country, with fires reported in the Guarani communities of Machareti in Chuquisaca, as well as in Tarija's Chaco region and in Iténez Park in Beni.