In the years 2012, 2013 and 2017, the Government of Evo Morales placed sovereign bonds in the international capital markets, and with these, it executed more than 80 road infrastructure projects. In 2017, Bolivia paid 4.5% interest on this financing. Investors are from the United States (56%), Europe (39%), and Latin America (5%). The 2017 bonds allowed an inflow of $1 billion of free availability, which would allow financing the construction of 11 hospitals: four fourth level and seven third level. Bolivia shall pay the debt in 10 years.
Day: Jun 8, 2020
40% drop in liquid hydrocarbon production expected in 5 years
The natural decline of the fields and the drop in natural gas exports are the main factors leading to a considerable reduction in the production of liquid hydrocarbons which, according to forecasts by the Jubilee Foundation, will fall by at least 40 per cent by 2025, taking into account that the production of liquids fell by 25 per cent from 2014.
Exports fell 14% due to a decline in minerals and hydrocarbons
Between January and April exports of traditional products showed the following behaviour, compared to the same period in 2019: - Minerals: The value of exports fell 22% and the volume 32% - Hydrocarbons: Export value fell 8%, and volumes grew 7%. Non-traditional products, on the other hand, experienced a 7 per cent rise in volume, but revenues in value remained at zero per cent.
Budgets of the removed ministries represent 3.8% of those allocated to the Ministries of Government and Defence
The three ministries that closed: Communication, Culture and Sports, had an assigned budget of 283 million Bolivians ($40.6 million) for this year, of which until last April they executed a total of Bs 59 million ($8.48 million). The Government and Defense portfolios were allocated Bs 7.47 billion (1.07 bn), and until April there was a balance of Bs 5.76 billion ($827.3 mn). In the payroll of the State administration, around Bs 50 billion ($7.18 bn) are allocated per year.
$7 Million Allocated for Communications Costs to Ministry of Presidency
The National Treasury (TGN) will allocate additional resources in the 2020 budget, for an amount of 49.4 million bolivianos ($7 mn) to the Ministry of the Presidency for the payment of committed and not accrued expenses of the 2019 management of the former Ministry of Communication.
Agricultural exports: Peru generates $2,036 per hectare and Bolivia $322
According to the NGO Productivity Biosphere Environment (Probioma), Bolivia exported $1.2 billion worth of agricultural products in 2019, while Peru exported $7 billion, without GMOs and on almost the same amount of arable land. In 2018, Peru had a cultivated area of 3.4 million hectares, and Bolivia had 3.8 million hectares. Peru generates $2,036 in agricultural exports per hectare and Bolivia just $322 and with subsidies in diesel and preferential markets from the Andean Community of Nations.
Bolivia Económica 