Due to the Covid-19 pandemic, new businesses' registration fell by 19 per cent in 2020 compared to 2019. Economists agree that companies require support from the government because the reduction impacts the country's unemployment rate.
The viaduct on the Santa Cruz-Warnes dual carriageway, which cost Bs 55.5 million ($8 million), is now a reality. The structure will free the vehicular traffic of more than 22,000 vehicles per day on the Red Vial Fundamental. It comprises three sections of 25.6 metres in span, each supported by piles. It has a total length of 1,040 metres from north to south. Its structure is 732 linear metres long, each access ramp is 321 metres long, and a bridge is 90 linear metres long.
While the national government, together with soybean producers and the oil industries of Santa Cruz, continue to analyse the validity of the price band for soybean meal, the blockades on the highways connecting Santa Cruz with Cochabamba and Beni reached their third consecutive day yesterday, causing a loss of 2.5 million dollars a day for exports that are not carried out.
Net International Reserves (NIR) fell to 4,999 million dollars on 10 February 2021. Although the downward trend has been going on since 2014, analysts say the current levels are worrying because, when the foreign currency takes into account, Bolivia would only have enough to cover four months of imports without the gold reserves.
In one year, sales at San Cristóbal, the country's largest mine, fell by 41% due to the decline in mineral prices and contraction in demand due to the pandemic, according to a balance sheet of the company's profit and loss statement comparing September 2019 to the same period in 2020.