Meat exports reach $14 mn in the first quarter of 2020

The meat sector has had exports for $14 million in the first four months of 2020 with more than 3,000 tons exported. In 2019, throughout the year, meat sales reached $24 million with 5,300 tons, which makes it predictable that this management will exceed these figures.

Liquidity of the financial system exceeds $1.72 billion

There are more than 12 billion bolivianos ($1.72 bn) in the liquidity of the financial system, so there will be no change in the exchange rate, the national currency has the necessary support.

Government approves two credits for $800 million

Cabinet approved two appropriations to overcome the negative economic impact of the pandemic. One with the Inter-American Development Bank (IDB) for $450 million and another with the CAF-Bank of the Americas for $350 million. The Legislative Assembly must approve both.

Construction: Over 100,000 Jobs at Risk in Cochabamba

More than 16,500 direct jobs and another 100,000 indirect ones are at risk in Cochabamba due to the deficit situation that construction companies are going through, aggravated by the debt of more than Bs 400 million ($57.47 mn) the national Government owes the sub-national bodies.

76% of companies will be forced to lay off staff due to quarantine by Covid-19

76% of micro, small and medium enterprises in Santa Cruz will be forced to fire staff after 90 days of quarantine, according to a survey of 343 members of Youth Enterprise. The consultation took place during May.

Municipalities reveal $158 million in illiquidity

We have illiquidity of more than Bs 1.1 billion ($158 mn) which prevents the payment of operating expenses and salaries to doctors, nurses and frontline personnel who carry out specific tasks in the fight against Covid-19.