Around 25,000 families living in rural areas of the country's nine departments will have access to resources to finance their productive enterprises. The national government is beginning to make economic resources available on a subsidised basis to those producers who have good ideas, who have assured markets and who can develop enterprises that boost the … Continue reading Twenty-five thousand families will have access to resources for productive enterprises
Day: Jan 21, 2021
Tight quarantine: Restrictions could lead to half a million job losses
From trade unions to large employers, grouped in more than a dozen institutions, on Wednesday rejected a return to a rigid quarantine in the face of the resurgence of coronavirus cases. The sectors assured that new restrictive measures would cause the loss of more than 500,000 direct and indirect jobs.
Return of AFP contributions will inject up to $1.2 bn into the economy
The return of pension contributions managed by the pension fund administrators (AFPs) Futuro de Bolivia and Previsión BBVA, will inject up to $1.2 billion into the economy. This amount represents 5.9% of the money managed by the AFPs, most of which invested in the stock market.
Between 15% and 100% of AFP’s contributions may be withdrawn
A bill to return contributions of the Pension Fund Administrators (AFP), allows withdrawal of funds in a maximum range of 15% to 100%; but establishes exclusions for six groups, including those who are working in the public or private sector and those who have accumulated more than 100,000 bolivianos ($14,347). The bill is in the Legislative Assembly for debate and analysis.