Tarija’s oil revenue has plummeted in the last six years

According to a statistical report by the Tarija government, revenues from oil revenues, including the Direct Hydrocarbon Tax (IDH) and royalties, have been gradually reduced in six consecutive years. In 2016, revenue fell 46.01%; in 2017, 24.2%; in 2018, 19.53%; in 2019, 19.78%; in 2020 it rose slightly by 1.9% and is projected to fall by 19.3% in 2021.

Source: El Deber