In bonds alone, the government will spend more than $1 bn on the pandemic

With the imminent approval of a new bond - given that the Legislative Assembly recently approved a line of credit to finance it - the transitional government will have spent more than $1 bn on this type of benefit. Three bonds created during the health emergency, totalling $502.8 million. With the new benefit, approved by the Legislative Assembly, an additional $550 million will be spent.


Chamber of Industry estimates that 120,000 jobs are at risk

The National Chamber of Industry noted that at least 120,000 jobs are at risk due to the constant social conflicts and the coronavirus pandemic. It is not possible to quantify the number of companies that went bankrupt due to the restrictions caused by the epidemic but said unemployment rose to 9.6% according to data from the National Institute of Statistics (INE).

International reserves increase by $600 million due to gold prices

According to the report of the Central Bank of Bolivia (BCB), the value of the Net International Reserves (NIR) in March of this year was $6.09 billion to increase in five months to $6.68 billion, an increase of a little more than $600 million. This improvement is directly related to the international price of gold, which is around $2,000 per troy ounce and has a favourable impact on the country's reserves.