High demand left bureaus of exchange without dollars in La Paz

Due to a high demand bureaus exchange in La Paz were left without dollars for selling to the public. The incident occurred a week after the Bolivian Central Bank decided to close the sell of the US currency through its windows.

YPFB: Nationalisation generated more than $US36bn

Bolivia received more than $US36 bn thanks to the nationalisation of hydrocarbons companies in 2006, according to the President of the state oil corporation (YPFB).

Paraguay will support the development of the Paraguay-Parana waterway

Paraguay is currently working on the Bolivian proposal to enhance the Paraguay-Parana waterway. The current transport capacity on the waterway is of 100 million tonnes per year. The Paraguayan Minister of Public Works said that his country is ready to support any integration initiative in the region.

Ethanol in Bolivia is up to 26.7% more expensive than in Brazil

The Bolivian State Oil corporation (YPFB) pays to sugar mills in the country up to 26.7% more for ethanol than the market price in Brazil. Sugar mills are paid $US0.71 cents per litre while in Brazil the price is $US0.52 cents.