Domestic debt rose by 60.4% in one year

Between 2019 and 2020, domestic debt rose by 60.4%, from 44.28 billion bolivianos ($6.35 bn) to 71.039 billion bolivianos (at $10.19 bn). The largest creditors of the TGN are the BCB (55%) and the AFPs (42%). The composition of the domestic debt in this way represents serious risks for the future of the economy. In 2021 there are better prospects for revenues than in 2020, but it will be necessary to restrict spending.

Bolivia’s credit rating outlook downgraded from stable to negative

The US agency S&P Global Ratings changed Bolivia's risk rating outlook from stable to negative. The assessment based on the fall of the Gross Domestic Product (GDP), the increase of external indebtedness and the high fiscal deficit. Although this is a change in the outlook for the time being, the international agency does not rule out lowering its risk rating in the next 6 to 18 months.

More than 690,000 people affected by quarantine in the country

Some 698,000 people (unemployed and inactive population) were affected by the quarantine in Bolivia. According to the Continuous Employment Survey (ECE) of the INE (National Institute of Statistics). Of this figure, 53.3% are women, and 46.7% are men. In the age group, according to the surveys, people from 18 to 23 years old who lost their jobs are 41,000, and the inactive is 98,000.