Government creates a $130 million Fund for import substitution

President Luis Arce enacted Supreme Decree (DS) 4424, which creates an initial fund of $130 million (Bs 911 million), through two trusts, intending to grant loans with a 15-year term and an annual interest rate of 0.5%. The new measure aimed at reactivating the national productive apparatus and is for those who wish to enter the import substitution stage.

Source: El Deber