Yesterday, the Forestry and Land Social Control Authority (ABT) proceeded to seize a truck carrying 12,000 board feet of illegal wood. According to Forest Law 1700 and Law 337, the confiscated wood must auction or direct sale immediately.
Day: Oct 9, 2020
Government negotiates $7 billion credit with the WB and IDB
The government is negotiating a $7 billion loan from the World Bank (WB) and the Inter-American Development Bank (IDB), which will finance projects starting next year. If this amount is approved, the foreign debt will rise to about 44% of the GDP next year.
Active cell phone lines recorded a decrease of 0.03%
The active lines of mobile telephony reach 11.68 million, according to the report State of the Telecommunications in Bolivia. For the first quarter of 2020, active lines register a decrease of 0.03% concerning December 2019. Revenues from local telephone service registered a value of Bs 343 million ($49.21 mn) in 2019, 4.72% less than in 2018.
Armando Pinell assumes the interim presidency of the BCB
The Central Bank of Bolivia informed that due to complications derived from the Covid-19, President Guillermo Aponte Reyes Ortiz prevented from resuming his functions as the first authority of the Institution. Armando Pinell, Vice President of the Board, replaces him, with all the powers conferred to the President, according to Article 63 of Law 1670 of the BCB.
After 1.4 million hectares burned, Bolivia declares national disaster
Faced with almost 1.4 million hectares burned in six departments and the increase in heat sources, the Government declared yesterday a national disaster due to fires and droughts in Bolivia. Now, the Government looks for international aid.
