Category: Industry

Information about industry sectors such as hydrocarbons, agriculture, etc.

The country’s private universities record a 35% dropout rate

The country’s private universities record a 35% dropout rate in the first semester, due to the impossibility of maintaining internet payments for virtual classes. The National Association of Private Universities (ANUP) reports that 29 of the 36 affiliates had to take out bank loans to pay salaries, virtual classroom licenses and other expenses. Failure to comply with these obligations would mean stopping the training of more than 200,000 university students in the country.

Tourism revenues fell 2% in 2019 and 7% in the first quarter of 2020

In 2019, tourism income reached $797 million, 2% less than in 2018, equivalent to $19 million, due to the political and social conflicts that stopped the country in October and November. 24% of tourism expenditure was in food and beverages, 17% to internal transportation and 16% to recreation. In the first quarter of 2020, Bolivia registered 7% less international visitor arrivals, compared to the same period in 2019, mainly from China and India by more than 50%; exceptionally there was an increase of visitors from Israel by 54%.

Six drugs doubled and tripled their value due to pandemic

As the virus becomes more invincible and lethal, the prices of essential or recommended drugs to combat Covid-19, whether due to high demand or shortages, reach extreme values. The blister of 10 tablets of aspirin rose from $0.71 to $1.43; azithromycin of 500mg rose from $0.71 to $2.15 per tablet; ivermectin from $1.43 to $0.31; prednisone 20mg rose from $0.28 to $0.71; dexamethasone from Bs 0.71 to $1.43; and the cheaper chinstraps from $0.14 to $0.71.

Bolivia obtains certification for meat exports

Bolivia, which has been free of foot and mouth disease since 2014, obtained international certification from the World Organization for Animal Health (OIE) that places the country on the list of nations with negligible risk status for Bovine Spongiform Encephalopathy (BSE), which will allow the beef export market to expand.

The area sown for the winter season grows by 5%.

The sorghum crop registered the highest growth with 435,000 hectares planted, representing a 12% increase over the previous winter, while the chia decreased to 19,000 hectares, 24% less than last winter’s cycle. The sector estimates to cover 1,128,000 hectares with the crops of sorghum, sunflower, wheat, corn, chia and soybean, 5% more than the area sown in the previous winter cycle.