The first semester the Bolivian economy, fell 11.11% due to the impact of the Covid -19. By the end of 2019, it had reached 2.22%. It is a drop of 13.3 percentage points. The Gross Domestic Product (GDP) of the industrial sector registered, as of June 2020, a contraction of 12.76%. In 2019 the industry had a growth rate of 3.19%, so there is a decrease of 15.9 percentage points in six months.
Day: Nov 26, 2020
The BDP Board of Directors approves the issuance of Subordinated Notes for $24.3 million
The Banco de Desarrollo Productivo (BDP) S.A.M. will issue Subordinated Bonds for an authorized amount of 170 million bolivianos ($24.3 mn), which will allow maintaining financial sustainability, capturing resources to strengthen the equity position and further growth of the portfolio.
Pablo Salazar is appointed as the new general manager of Gestora Pública
Pablo Mauricio Salazar Pérez was born in La Paz. He has a degree in Business Administration, studied a master's degree at the European School of Business, and completed a Diploma in Leader Development, Management Development program. He performed executive functions in the project for the Implementation of Contributive and Semi-contributive Regimes in the Public Management Company and was a consultant for the Management of Assurance, Collection and Benefits.
At the end of the year, the unemployment rate exceeds 11%
The government stated that a few weeks before Christmas, the unemployment rate is 11.8% and that the pandemic influenced this situation.
