As of September 2020, Bolivia's trade in wood products abroad reached $39 million, while imports in the same period reached $22.2 million, giving a positive trade balance of $16.8 million, according to a report by the Bolivian Forestry Chamber (CFB) based on preliminary data from the National Institute of Statistics (INE).
Day: Oct 23, 2020
Mayor of Potosi announces reduction of $6.17 million in 2021 budget
The mayor of Potosí, Luis Alberto López, informed that the budget of the upcoming administration includes a reduction of about 43 million Bolivians, which forces a readjustment of the institutional management.
Rainfall and operations bring down fires from 60 to 16 in one week
The intense rainfall during the last few days, in addition to the joint operations, managed to reduce the number of active fires in the department of Santa Cruz from 60 to 16 in one week.
Gas sales drop by 22%
Bolivian natural gas exports between January and September 2020 reached a value of 1.524 billion dollars, representing a reduction of at least 22 per cent compared to the 1.947 billion dollars registered in a similar period in 2019, according to data from the National Institute of Statistics (INE).
LatAm, Caribbean GDP forecast to shrink 8.1% in 2020 – IMF
The Latin America and Caribbean (LAC) region could see an economic contraction of 8.1% in 2020 due to COVID-19 before entering a mild recovery” next year as the easing of lockdowns and adaptation by consumers and businesses help drive business activity, the International Monetary Fund (IMF) said. LAC countries expect to grow by 3.6% in 2021 as countries across the region emerge from deep recessions, but the speed and scale of the recovery will vary between states.
