Parliamentary committee rejects $327mn IMF loan

The $327 million International Monetary Fund (IMF) Loan Bill for Bolivia to deal with the coronavirus pandemic was rejected, as deficient, unsustainable and unconstitutional. Source: Página Siete

Santa Cruz to Receive $3 Million Hydrocarbon Tax Refund – IDH

The department of Santa Cruz, which is the most affected by the coronavirus with around 13,000 positive cases, will only receive three million dollars for the return of the resources collected from the Direct Tax on Hydrocarbons (IDH). The Government of Santa Cruz regrets that the distribution of the $200 million has not taken into account the contribution and the epidemiological criteria.

Bolivia obtains certification for meat exports

Bolivia, which has been free of foot and mouth disease since 2014, obtained international certification from the World Organization for Animal Health (OIE) that places the country on the list of nations with negligible risk status for Bovine Spongiform Encephalopathy (BSE), which will allow the beef export market to expand.

Jaguar X6 well exploratory project falls

The investment reached $69.7 million. The works reached 5,300 meters of the 6,000 that had been planned, and the result was negative, so, the company Shell Bolivia decided to withdraw its machinery from next month.

BDP launches $114.9 mn credit line for SMBs

The Banco de Desarrollo Productivo (the Bolivian State owns 80 % of its shares and 20% by CAF-Banco de las Américas) decided to create this new line of credit with easily accessible conditions to support the country's productive sector.