As of September 2020, Bolivia's trade in wood products abroad reached $39 million, while imports in the same period reached $22.2 million, giving a positive trade balance of $16.8 million, according to a report by the Bolivian Forestry Chamber (CFB) based on preliminary data from the National Institute of Statistics (INE).
The mayor of Potosí, Luis Alberto López, informed that the budget of the upcoming administration includes a reduction of about 43 million Bolivians, which forces a readjustment of the institutional management.
The intense rainfall during the last few days, in addition to the joint operations, managed to reduce the number of active fires in the department of Santa Cruz from 60 to 16 in one week.
Bolivian natural gas exports between January and September 2020 reached a value of 1.524 billion dollars, representing a reduction of at least 22 per cent compared to the 1.947 billion dollars registered in a similar period in 2019, according to data from the National Institute of Statistics (INE).
The Latin America and Caribbean (LAC) region could see an economic contraction of 8.1% in 2020 due to COVID-19 before entering a mild recovery” next year as the easing of lockdowns and adaptation by consumers and businesses help drive business activity, the International Monetary Fund (IMF) said. LAC countries expect to grow by 3.6% in 2021 as countries across the region emerge from deep recessions, but the speed and scale of the recovery will vary between states.
The campaign is called Semilla Capital - To grow together, and is made up of seven leading companies from different sectors such as Coca-Cola, Embol, Grupo Venado, Viva, Unagro, BMSC, Alicorp and Sofia. It is an unprecedented multi-sector alliance that seeks to join forces to achieve a multiplier effect on the economy of the country's 1,600 small and medium-size families and entrepreneurs. Four hundred pensions in La Paz and Cochabamba were selected to receive the incentives, and benefited from a practical and highly educational course on biosafety issues, for the protection of their work teams as well as their clients.
The rains in productive lands of Santa Cruz leave a favourable effect that reflects in the yields of soybeans, wheat, sunflower, corn, sorghum and chia in the winter production cycle provided moisture to the soil to prepare the 1,190,500 hectares that project to be planted in the summer season 2020-2021. The average yield in the cultivation of soybean was around 2.04 tons per hectare (t/h); in wheat, 1.97 t/h; in sunflower, 1.39 t/h; in corn, 2.97 t/h; in sorghum, 2.98 t/h; and in chia, 0.53 t/h.
The Global Stem Cells Group , a multi-disciplinary community of scientists and physicians that are collaborating to treat diseases and lessen human suffering through the advancement of the field of regenerative medicine has announced that the construction of their Stem Cell Center in Cochabamba, Bolivia, has concluded, the Center's inaugural training course will take place at the end of November. The new facility located in Bolivia is the 35th Stem Cell Center in the world, strengthening the Global Stem Cells Group's presence worldwide as they seek to expand research for and the practice of regenerative medicine across the globe.
Bolivia is expected to register a trade deficit in 2020 for the sixth consecutive year amid the novel coronavirus (COVID-19) pandemic and falling commodities prices, leading experts to recommend diversifying exports to reduce the gap in coming months. The negative trade balance affects net international reserves, employment and growth. From January to September of this year, Bolivian exports dropped 29% while imports fell 33%, according to a report released this week by the state-run National Statistics Institute (INE).
The current general manager of Banco Sol, Kurt Koenigsfest, was appointed president of the Association of Private Banks of Bolivia (Asoban) for the 2020-2021 administration. With a vast experience in the financial system, the businessman will replace Marcelo Trigo, who will remain as past president.