Possible embezzlement of $89.8 million in the “Evo Cumple” Program

An investigation carried out in 2020 by the Special Projects Unit (UPRE) of the Ministry of the Presidency into documents of the "Bolivia Cambia, Evo Cumple" programme, found in the General Staff, detected a possible misappropriation of resources by more than 626 million Bolivians from Venezuelan cooperation, granted to Bolivia as a donation, in the period 2007-2011.

YPFB denounces Zamora and Soliz for $160 million in economic damage to urea plant

Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) filed a criminal complaint against the former minister of hydrocarbons, Victor Hugo Zamora, and the former president of the state oil company, Herland Soliz, for ordering the shutdown of the urea and ammonia plant, a decision that caused the state at least $160 million in economic damage from unrealized sales alone.

Taxes will collect 240 times more for the chicha, after an agreement to buy 60 thousand T of corn

The agreement between the Cervecería Boliviana Nacional (CBN) and the Government of Cochabamba for the purchase of 60,000 tons of corn for the production of Chicha Taquiña implies not only a secure market for the farmers but also a considerable increase in the collection of the chicha tax, which is estimated to increase 240 times more for chicha.

Ichilo-Mamoré Waterway: Its reactivation could cost more than $70 mn

According to a study by the Service for the Improvement of Amazonian Navigation (Senema), the reactivation of the Ichilo-Mamoré Waterway could demand a budget of more than 70 million dollars because the river must dredge and at least three ports must d along the 1,400 kilometres of the road. The study, conducted in 2005, indicates that each port has a cost of more than 15 million dollars and dredging would demand 25 million.

Mutún Steel Company sells iron at a price 85% lower than the global value

A new boom in raw materials unleashed in Asia, they demand tons of iron for their industries. The requirement caused the price of the ore to rise to $150 a ton, a historical figure. Despite the high international price, from Bolivia, Empresa Siderúrgica Mutún (ESM) exports the product at only $23, a price 85% lower than the value in the global market. ESM indicates that it sells at that price because it does not cover the cost of transportation or assume the risks generated by the operation.

YPFB will have a deficit of $5.74 bn in 5 years

An internal report by Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) warns that in five years, between 2020 and 2024, the deficits of the state company will be close to 40 billion Bolivians ($5.74 bn). The projection contained in the document Financial Sustainability specifies in its financial flow projection that the oil company will register the mentioned deficit because the expenses will exceed the income due to the growing importation of fuels and the low sale of gas.