The government will transfer $40.1 mn to local governments until July 3

The national government committed to transfer until July 3, Bs 279,390,000 ($40.1 mn) from the COVID-19 Fund to 340 Autonomous Municipal Governments and Autonomous Indigenous Original Peasant Governments of Bolivia. This Fund is additional to the Law for the Recovery of 12% of the Direct Tax on Hydrocarbons (IDH) for the Autonomous Territorial Entities and Universities, which will benefit them with the return of $200 million.

Only 25% of companies managed to access credit after quarantine

Only 25 per cent of companies in Cochabamba were able to obtain bank loans to alleviate their needs after the quarantine decreed by the Covid-19 pandemic, according to the Federation of Private Business Entities of Cochabamba (FEPC), due to the difficulty in presenting guarantees and high-interest rates.

Medical equipment imports up 20% by 2020

Imports of medical equipment increased in the first four months of this year by 24 per cent over the same period last year. However, between January and April 2020, the country imported 2.8 million kilos of medicines for 74 million dollars, 1 per cent less than in 2019.

Government promotes measures to reactivate the forestry sector that benefits 90,000 families

On Tuesday, the Forestry and Land Social Control Authority (ABT) presented a package of seven measures to reactivate and boost the development and sustainability of the country's forestry sector. With these measures, we will protect 90,000 families that live directly from the industry and 180,000 families indirectly.

Six drugs doubled and tripled their value due to pandemic

As the virus becomes more invincible and lethal, the prices of essential or recommended drugs to combat Covid-19, whether due to high demand or shortages, reach extreme values. The blister of 10 tablets of aspirin rose from $0.71 to $1.43; azithromycin of 500mg rose from $0.71 to $2.15 per tablet; ivermectin from $1.43 to $0.31; prednisone 20mg rose from $0.28 to $0.71; dexamethasone from Bs 0.71 to $1.43; and the cheaper chinstraps from $0.14 to $0.71.