An area the size of Israel was deforested in the Amazon biome last year as destruction surged 21% in the region spanning nine countries that is home to the world’s largest rainforest, according to the Amazon Conservation organization. Bolivia accounted for the biggest increase in destruction compared to 2019 as enormous fires tore through its Chiquitano dry forests.
Day: Jan 28, 2021
50% of public investment of $4.011 bn to be financed with sovereign bonds
Of a budgeted amount of $4.011 billion for public investment in 2021, the Government ruled that 50% will be financed through the issuance of sovereign bonds in external capital markets. Bolivia made the first bond issue for $500 million in 2012. The second placement was made in 2013 for another $500 million. The last placement was in 2017 for $1 billion.
Renewable energy sources generate about 50% of electricity supply
Minister of Hydrocarbons and Energy Franklin Molina reported that renewable energy sources provide about 50 per cent or more of the country's current electricity supply. Hydroelectric power plants account for an average of 44%, and the highest output at 614 MW. The wind contribution is on average 1% and the highest power reached 25 MW.
Chamber of Deputies approves CAF loan for $350 mn
The Chamber of Deputies approved a CAF-Development Bank of Latin America credit for $350 million to strengthen public investment in the framework of the COVID-19 pandemic. The contract was signed on 23 June 2020 between the Bolivian government and the international organisation.
National Customs seizes $4.6 mn in illegal goods since December
National Customs reported that it managed to seize goods valued at more than Bs.32 million ($4.6 million) in 627 operations carried out between December and January this year, said the head of the institution, Karina Serrudo.
Bolivia Económica 