Figures from the Central Bank of Bolivia (BCB) indicate that NIR, as of May 14, is at $4.76 billion with foreign exchange below $1.92 billion. The Central Bank says it is enough for seven months of imports. Experts call for export incentives.
Day: May 24, 2021
Meat exports to China grew 144%, and Russia bought 268 tons
The bovine cattle complex in Bolivia grew 144% in the value exported to China in the first quarter of this year, and Russia, in the same period, burst into the customer portfolio with the purchase of 268 tons. It went from $11 million in the first quarter of 2020 to $26.8 million in the same period of 2021.
Agriculture: Substitution of fuels will save $250 mn
The agro-industrial sector offers to replace fuel imports, saving $250 million by reactivating ethanol production, which is clean energy. In addition, it could generate electricity with biomass and save natural gas consumption for the country. The agroindustry can process 300 million litres of anhydrous ethanol and provide electric energy with more than 160 megawatts (MW) … Continue reading Agriculture: Substitution of fuels will save $250 mn
EBA generates $10.9 mn in revenues in four months
After generating a loss of 40 million bolivianos in 2020, Empresa Boliviana de Alimentos y Derivados (EBA) generated 76 million bolivianos in revenues in the first four months of this year (January to April).
