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.
Deposits in the financial system grew by 5.5% in May, while lending expanded by only 1.4%, with non-performing loans remaining stable. The total volume of deposits rose to $27.19 billion, and credits amounted to $26.77 billion. In annualized terms, deposits and loans increased by 5.6% and 5.5% respectively.
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.
The $327 million International Monetary Fund (IMF) Loan Bill for Bolivia to deal with the coronavirus pandemic was rejected, as deficient, unsustainable and unconstitutional. Source: Página Siete
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.
The Banco de Desarrollo Productivo (the Bolivian State owns 80 % of its shares and 20% by CAF-Banco de las Américas) decided to create this new line of credit with easily accessible conditions to support the country’s productive sector.
The plenary session of the Plurinational Legislative Assembly (PLA) sanctioned, this Thursday, the law that transfers in favour of the municipalities, governments and universities 12% of the Direct Tax on Hydrocarbons (DTH), which will allow them to inject $ 200 million to face and contain the expansion of the coronavirus pandemic.
Santa Cruz was the most exporting department in 2019; sales abroad reached 2.2 billion dollars, followed by Potosi, which exported 2 billion dollars. Natural gas and oilseeds were the most prominent export items during 2019.
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.
There are more than 12 billion bolivianos ($1.72 bn) in the liquidity of the financial system, so there will be no change in the exchange rate, the national currency has the necessary support.