San Buenaventura produced 320,000 quintals of sugar and 1.1 mn liters of alcohol

The San Buenaventura Sugar Company (EASBA) managed to produce, in these 11 months of 2020, 320,000 quintals of sugar and 1.1 million litres of alcohol, in addition to electrical energy that injected into the National Interconnected System. The company expects to close this year with 60 million bolivianos generated by sales, a figure higher than the 40 million bolivianos developed in 2019.

Arce must reverse an economy that since 2014 is slowing down to a fall of -6.2% in 2020

The challenge of the new president Luis Arce Catacora is to reverse the situation of several indicators, such as net international reserves (NIR), exports and income, which had already been deteriorating since 2014. Official figures from the Ministry of Economy show a slowing down economy to 2.9% in 2019. 2020 foresees a negative rate of 6.2%. The Central Bank of Bolivia (BCB) reflect that as of October 2020, NIR stood at 5.58 billion dollars.