The Agricultural Chamber of Cochabamba requires an injection of 60 million dollars for its productive reactivation. The sector contributed 7.6% to the departmental GDP until 2019, but this year it dropped to 4.5%. It estimates that approximately two billion dollars have lost due to the decline in aggregate demand.
The Federation of Private Entrepreneurs of La Paz is waiting for the government to call the sector to work on the recovery of the country's economy. The department of La Paz needs an economic injection of at least $4 billion for its economic reactivation in various areas.
In 2019 the budget of the state channel exceeded 138 million bolivianos ($19.8 mn). In the last 12 years, the company's spending on wages and salaries grew by 448.9%.
The Governor's Office of Santa Cruz inaugurated the construction of the Warnes-El Tajibo section, 15 kilometres long, which will require an investment of Bs 63.7 million ($9.14 mn) and will connect different productive areas of Santa Cruz.
During the pandemic, the internal debt of the National Treasury (TGN) increased by 38.1%, from Bs 44.27 billion in 2019 ($6.35 billion) to Bs 61.15 billion ($8.77 billion) in 2020, according to data from the Ministry of the Economy.
Banks invest up to $15 million in digital banking. Financial entities in Bolivia have been investing up to $15 million in their digital banking services with three objectives: to improve the experience of their clients, automate their processes and lower costs, and enter new market segments that are emerging from the hand of technology. In … Continue reading Banks invest up to $15 million in digital banking
The Minister of Economy, Marcelo Montenegro, revealed this Friday that in Bolivia there are at least 150 large fortunes to which the so-called wealth tax will apply, it will impose for people who possess a capital of more than Bs 30 million ($ 4.3 million).
Róger Edwin Rojas Ulo was inaugurated this Thursday as the new head of the Central Bank of Bolivia (BCB). He has a Ph.D. in Development Sciences, mention in Development Strategies, Universidad Mayor de San Andrés. Master in Economics and Public Policy, Instituto Torcuato Di Tella (Buenos Aires, Argentina) and Master (c) in Economics of Natural Resources and the Environment, Universidad de Concepción (Concepción, Chile). Degree in Economics, Universidad Mayor de San Andrés (La Paz, Bolivia).
The Government, of Luis Arce, promulgated laws 1345 and 1346 that allow the payment of the Bonus against Hunger since December. The benefit will be of Bs 1,000 ($143.5) and seeks to reach more than four million people in the country. The credits that will allow the payment of the benefit are from the World Bank (WB) and the Inter-American Development Bank (IDB) and total $704 million.
The Minister of Economy and Public Finance, Marcelo Montenegro, on Thursday, appointed Mario Cazón as interim executive president of the National Tax Service (SIN). He is a Public Accountant graduated from the Universidad Mayor de San Simón (1995), Master in Business Administration with diplomas in Audit and Management Control and Audit Management. Cazón had already been the owner of this tax division between 2016 and 2019. Katia Rivera as Executive Director of the Tax Challenge Authority (AIT).