Twenty-two state-owned companies had lower revenues in 2020

Last year, 22 out of 29 state-owned companies reported a deficit at the operational level by reporting lower revenues and higher expenses for their activity, according to data from the Integrated Public Management System (Sigep). The gap reached 2,627 million bolivianos ($376.9 mn). Since most of the companies' budget concentrated in Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), this company is also the one with the most significant difference between revenues and operating expenses: 2,342.6 million bolivianos ($336.09).