Profits in the financial system plummeted by 58% in 2020 amid the COVID-19 pandemic. According to data provided by the country's financial authority (ASFI), profits fell from $328.6m in 2019 to $137.9m in 2020. This is the largest decline in 13 years.
Day: Feb 1, 2021
Bolivia will receive almos one million Covid-19 vaccine doses from the Covax system
Bolivia will receive almost one million doses “as a donation,” 92,430 from the U.S. company Pfizer and 900,000 from the Anglo-Swedish company AstraZeneca, according to the United Nations. According to the UN, Boliiva will be one of the first countries to receive vaccines from the multilateral Covax system, promoted by the World Health Organization (WHO) to guarantee access to these drugs in the world's poorest nations.
Hydrocarbon and mineral exports fell 28% in 2020
Mineral exports fell 28% compared to 2019.Both sectors recorded foreign sales of $7.03 million in 2019, while in 2020 these fell to $5.06 million. The country's total exports reached $6.89 billion, the lowest figure in the last ten years.
More than 670,000 people want to withdraw their pension contributions
Due to unemployment and low incomes, 672,277 people want to withdraw their pension contributions, according to a study by the social security organisation Flora Tristán based on data from Bolivia's pension and insurance authority (APS). According to the APS, the system has 2.4 million contributors, whose contributions amount to $20.27 billion.
Floods affected more than 4,000 hectares of bananas
Intense rains in the tropical region of Cochabamba damaged more than 4,000 hectares of banana crops and 45 packing houses were flooded. The flooding of rivers carried away entire plantations in Ivirgarzama.
