In San Ignacio de Velasco, 3,000 hectares of pasture, corn and peanut crops reported having been affected by the drought. On the livestock side, he said that the lack of availability of forage puts at risk at least 3,500 cattle from the existing herd in the area. However, he noted that tanker trucks distribute water in the rural area for human and animal consumption.
Day: Aug 19, 2020
Entrepreneurs estimate a loss of $61.78 million for their sector and $344.83 million for the region
The Federation of Business Entities of Cochabamba (FEPC) calculated a loss of more than 430 million bolivianos ($61.78 mn) for its sector and more than 2.4 billion ($344.83 mn) for the entire region during the 12-day blockade. The manufacturing and industrial area of Cochabamba reports a loss of more than 157 million bolivianos ($22.56 mn); trade, 156 million ($22.41 mn); the agricultural sector 109 million ($15.66 mn); international transport 7 million ($1 mn); exports and customs clearance 138 thousand bolivianos ($19,827).
Entel shareholders will auction 4,541 shares
The Bolivian Stock Exchange (BBV) will auction 4,541 ordinary shares this Thursday. These shares represent 0.035% of the company's share capital and correspond to regular transfers made by the company's minority private shareholders. The entity clarified that this public auction does not compromise the State's stock package.
Government plans to buy 200 million litres of alcohol from industries
The government and the sugar-alcohol industry reactivated the ethanol project and plan to purchase 200 million litres of anhydrous alcohol by May 2021. Bolivia imports up to 2 billion litres of gasoline annually. With the signing of the agreement, 10% of that volume will be replaced with biofuel production. Source: El Deber
Plenary session approves external loans from WB and IDB for $704.3 mn
The plenary session of the Chamber of Deputies approved, in their stations in large and in detail, two bills of the credits of the World Bank (WB) for $254.3 million and of the Inter-American Development Bank (IDB) for $450 million, to replace the resources used in the payment of social bonds, the Renta Dignidad and a part of the subsidy of the electricity tariffs.
