Bolivian gas exports to Argentina grew by 19.10% during the first quarter of 2021 compared to the same period in 2020, according to official information from Yacimientos Petrolíferos Fiscales Bolivianos (YPFB).
Day: Apr 30, 2021
The unemployment rate reaches 8.9%
The most current figures from the National Statistics Institute (INE) show that the unemployment rate in urban areas, as of February, reached 8.9%. The workers are demanding a 5% wage increase and the reinstatement of people fired during the pandemic. In response, the Government proposed a rise of 0.67%, the equivalent of Bs 14, to avoid a collapse of the country's economy.
Moody’s forecasts 3% of GDP going forward and warns of high debt
Moody's Investor Service Risk Rating Agency forecasts that Bolivia's economic growth this year will recover above 4%, but in the future, it will be at 3% and warns of risks regarding the high public debt and the fall in net international reserves (NIR).