In 2019 the budget of the state channel exceeded 138 million bolivianos ($19.8 mn). In the last 12 years, the company's spending on wages and salaries grew by 448.9%.
Day: Nov 16, 2020
With a $9.14 million investment, the government of Santa Cruz inaugurates road construction
The Governor's Office of Santa Cruz inaugurated the construction of the Warnes-El Tajibo section, 15 kilometres long, which will require an investment of Bs 63.7 million ($9.14 mn) and will connect different productive areas of Santa Cruz.
Domestic debt shot up by 38.1% amid the pandemic
During the pandemic, the internal debt of the National Treasury (TGN) increased by 38.1%, from Bs 44.27 billion in 2019 ($6.35 billion) to Bs 61.15 billion ($8.77 billion) in 2020, according to data from the Ministry of the Economy.
Banks invest up to $15 million in digital banking
Banks invest up to $15 million in digital banking. Financial entities in Bolivia have been investing up to $15 million in their digital banking services with three objectives: to improve the experience of their clients, automate their processes and lower costs, and enter new market segments that are emerging from the hand of technology. In … Continue reading Banks invest up to $15 million in digital banking
Government reveals that 150 large fortunes will pay a new tax
The Minister of Economy, Marcelo Montenegro, revealed this Friday that in Bolivia there are at least 150 large fortunes to which the so-called wealth tax will apply, it will impose for people who possess a capital of more than Bs 30 million ($ 4.3 million).
