Waldo Ramos Jurado, the financial auditor and former executive of the hotel sector in La Paz, is the new executive president of the National Customs Service (AN). He replaces Jorge Hugo Lozada, who resigned a few days ago.
Alfredo Troche Machicao was inaugurated this Thursday as the new executive president of the National Tax Service (SIN) with the commitment to guarantee the economic future of the country in a coordinated work with other state entities.
President Jeanine Añez appointed former Senator Óscar Ortiz as the new Minister of Economy. Ortiz, who was the Development Minister, replaces Jose Luis Parada, who was appointed on Nov. 13, 2019. Ortiz explained that his main tasks in office will be to maintain economic stability and create jobs.
A congressional committee in Bolivia rejected the $327 million IMF loan to fight COVID-19. The Planning Commission of the Chamber of Deputies, controlled by MAS (Movement for Socialism) lawmakers loyal to ousted president Evo Morales, unanimously rejected the deal on grounds of lack of proper documentation from the IMF. The interim government denounced the Parliament’s rejection of the loan, which was to be repaid over five years at a one percent interest, calling it a political rather than an economic decision.
Bolivia ordered the closure of its embassies in Nicaragua and Iran while also shuttering three federal ministries in a cost-cutting move to free up money to fight the coronavirus, President Jeanine Anez said Thursday.
The Bolivian government has delayed the deadline for filing corporate income taxes by two months for all but the largest businesses. The tax had previously been delayed for all companies from March 30 to May 29. The new deadline is July 31. The extensions applies to 80% of companies.
The National Revenue Service cancelled the implementation of the Electronic Invoicing System (EIS), after conducting a technical analysis that took into account the current economic situation of the country, which is aggravated by the Covid-19 health emergency, which prevents the healthy development of taxpayers’ activities.
Bolivia declared a national health emergency and extended its border lockdown on Wednesday, as the government seeks to contain the spread of the coronavirus. The border closure was extended to April 15 from March 31 previously. Bolivia has 38 confirmed cases of coronavirus, according to government data.
The Government is working to ensure that exports of Bolivian royal quinoa to the United States and European markets are made under the designation of origin because of the unique nutritional characteristics and size of the grain, which is only produced in Bolivia.
The construction project of the Tacachira Wastewater Treatment Plant, in the 7th district of El Alto, will have an investment of Bs. 103.1 million ($14.8 mn), of which CAF finances bs 78.9 million ($11.37 mn), the participation of the Municipal Government of El Alto will be of Bs 23 million ($3.3 mn), and the state water company EPSAS will contribute Bs1.2 million ($172,414).