Up to $2.5 mn of illegal merchandise seized at border with Bolivia and Peru

From the beginning of its activities until March 2021, the Border Task Force (Gefrontera) has seized the equivalent of more than $2.5 million. The figure refers to calculating the value of seizures of weapons, vehicles, drugs, boats and smuggled goods. Source: El Deber

ASFI: Financial system satisfaction index dropped from 8.22 to 5.99 points

The National Financial System Survey (ENSF) corresponding to 2020 management, organized and carried out by the Financial System Supervisory Authority (ASFI), showed a significant drop in the Satisfaction Index (SI) of the national financial system from 8.22 (recorded in 2019) to 5.99 at present. The perception of compliance with the social function, another indicator analyzed, also dropped, from 7.94 to 5.72 points (out of 10).

According to the government, the Bolivian economy grows 5.3% in the first four months of the year

In an analysis of the first four months of this year, the Government stated that the Bolivian economy registered a 5.3% growth.

Agro-environmental Court analyzes a $61.5 mn payment claim to Petrobras

The Agro-environmental Court of Sucre, after the drawing of lots for the magistrate rapporteur, will be in charge of analyzing the economic claim against Petrobras for an amount of $61.5 million. A private plaintiff claims to have the proprietary right over a 544-hectare property where the San Alberto well is located, with a Social Economic Function (FES) vocation.

The forestry sector faces a crisis and works at 35% of capacity

The forestry and timber sector is in a deep crisis due to low production, working 35% of installed capacity. The growth of imports, the substitution of wood for metals and PVC, the lack of a domestic market, the fall of foreign markets, and the contraction of the community and private economy have affected the sector. It led to the layoff of more than 25,000 workers in the last eight years.