This week, the national government will seek to establish the credit of $130 million, destined to reactivate the micro, small and medium enterprises (Mipymes), as part of the economic reactivation policy. 77% of the population is informal and works in small micro and medium enterprises.
Day: Sep 22, 2020
Bolivian gas revenues will fall by 36% in 2020 and 82% in 2025
An analysis prepared by the consulting firm Gas Energy Latin America (GELA), reflects that gas export revenues in 2019 reached 2.58 billion dollars, while fuel imports (diesel and gasoline) reached 1.42 billion. In 2020, revenues of 1.66 billion expected and expenditures of 558 million, a 36% reduction in the value of sales compared to 2019. In 2025, considering an average oil price of $45 per barrel, revenues from gas sales are projected at $465 million and expenditures from fuel imports at $1.02 billion. A deep reactivation of the sector is proposed, especially in exploration to reactivate gas and oil production. He highlights the potential of the country but considers that the tax system, the structure and the way YPFB organize require reform.
Rise of soybean prices by 14% put dairy, poultry and pork producers in alert
In two weeks the ton of soybeans rose from Bs. 2,000 ($286.9) to Bs. 2,280 ($327.1). Despite the agreements signed with soybean producers, Cochabamba's dairy, pork and poultry farmers expressed their concern on Monday about the increase in the prices of the product in disregard of the established resolutions and asked government authorities to agree on a single price.
Exports from Santa Cruz total $ 1.31 billion until August
Until August of this year, exports from the department of Santa Cruz totalled $1.31 million. The Santa Cruz products exported to date were: natural gas ($512 million), soybean cake ($324 million) and raw soybean oil ($127 million). The primary destinations were Argentina, Colombia and Peru.
Milestone in wine industry with production of singani with 67k grape concentration per bottle
The project of singani Herencia was born in 2008. The enologists discovered that the traditional process of producing singani could be improved not only thanks to the technology incorporated but also thanks to how they make base wine for the distillate. They used 67 kilos of Muscat of Alexandria grapes, using only the core of the cut from the heart of the distillation. Also, it needs to rest for ten years in stainless steel tanks to achieve its excellent organoleptic characteristics. This characteristic positions it as the purest product of the market. The first batch of Herencia has only 3,000 bottles.
