Elfec executed only 37% of its budget and had cash flow problems in 2020

Empresa de Luz y Fuerza Eléctrica Cochabamba (Elfec) executed only 37 per cent of its budget in 2020, in addition to having been affected by the increase in arrears. In the last four years, they expected to invest 690 million bolivianos ($ 99 mn), mainly in 2020, but the pandemic and the government transition affected the execution of its budget.

Source: Los Tiempos