Electric sector asks for a $145 mn trust due to iliquidity problems

The Bolivian Chamber of Electricity (CBE) proposed the Government to constitute a trust of Bs. 1,000 million ($145.08 million) destined to overcome the problems of illiquidity and default in cooperatives, private and public companies of the sector, arising from the Covid-19 emergence. The drop in invoicing payments is currently between 60 and 80 percent in distribution companies, which affects the fluidity of the existing payment system to the transmission and generation companies, said the CBE.

Source: Los Tiempos