Category: Macroeconomy/Finance

Information regarding Bolivia’s productive sector and the country’s macroeconomy.

The Covid-19 costs between $500 and $10,000 per patient

The cost that each patient represents for the State is estimated between a minimum of 500 dollars per sick person and can reach $10 thousand if intensive therapy is required. In Bolivia, there is the Universal Health System (SUS), which covers 90 per cent of the costs, and to date, a total of 25,493 positive cases have been reported.

Government to allocate $125.4 mn to reactivate agricultural sector

The government plans to allocate 873 million bolivianos ($125.4 mn) to reactivate the agricultural sector. The objective is to guarantee food security for the Bolivian population, boost the economy, generate production and trade, support family farming, medium-scale agriculture, and agro-industrial export agriculture, and generate employment and income opportunities with a comprehensive view of the country.

Santa Cruz to Receive $3 Million Hydrocarbon Tax Refund – IDH

The department of Santa Cruz, which is the most affected by the coronavirus with around 13,000 positive cases, will only receive three million dollars for the return of the resources collected from the Direct Tax on Hydrocarbons (IDH). The Government of Santa Cruz regrets that the distribution of the $200 million has not taken into account the contribution and the epidemiological criteria.

Credit programs for $1.7 bn blocked by Congress

Resources of $1.7 billion destined in international credits are blocked in the Legislative Assembly. The Treasury Viceminister, Carlos Schlink said that among the credits are one of $100 million from France, $450 million from the Inter American Development Bank (IADB), $350 million from CAF, $250 million from the World Bank and $327 million from the IMF.