OAS criticises Bolivia’s judicial system, calls for release of detained politicians

The Organisation of American States (OAS) said it has taken up the concerns of various international organisations about the situation in Bolivia and warned that the Bolivian justice system does not offer guarantees of a fair trial. The statement coincides with a series of demonstrations over the arrest of former president Jeanine Áñez, accused of sedition, terrorism and conspiracy.

Tax revenues to fall by 22% by 2021

The government expects a drop in tax revenues of up to 22% by 2021.The general budget of the nation (PGE) for 2021 estimates tax revenues of Bs 42,565 billion ($6,170 billion), down from the Bs 54,575 billion ($7,911 billion) budgeted last year. The PGE envisages a total allocation of Bs.228.357 billion ($33.105 billion), 18.6% of which comes from tax revenues.

Exports fell 10.3% and imports dropped 27.7% in January

Exports reached $692.6 million in January, 10.3% less than in the same month of 2020, when sales abroad reached $772.1 million. The fall is due to negative variations in economic activities such as hydrocarbon extraction (-37.3%), agriculture, livestock, hunting and fishing (-6.2%) and manufacturing industry (-1.2%). The National Institute of Statistics also reports that imports in January reached $565.4 million, 27.7% less than in January last year.