Economy guarantees 10% for health and leaves $2.44 billion

The Ministry of Economy yesterday guaranteed 10% for the health sector and affirmed that it leaves 17 billion bolivianos ($2.44 bn) in the State coffers for the next government to face the closing of this year, although the amounts include external credits such as that of the International Monetary Fund (IMF). Health will have its 10% and Education 11%, we are guaranteeing it in the General State Budget 2021. The regulation, drafted by the current transition government, must be approved by the Legislative Assembly in the next few days.

Bolivia foresees a drop of less than -11% and improves the indicator to -7.3%

The Bolivian economy will fall this year by -7.3%, according to recent forecasts by the outgoing government, an indicator lower than the -11% registered in the first half of this year and thus the country can have a better profile in Latin America. The measures to subsidize and support the economic reactivation managed to improve the adverse climate generated by the coronavirus pandemic, which managed to paralyze the global economy during the first six months of this year.