Argentina's demand for Bolivian natural gas grew gradually from January until this winter, and Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) increased delivery from 11 to 14 million cubic meters per dayMMm3/d. Source: Los Tiempos
Day: Jun 22, 2021
Construction still not reactivated and reports a loss of 160 thousand jobs
The pandemic only accentuated the crisis that the construction sector has been experiencing for the last five years at the national level. The loss of some 160,000 jobs shows that this activity is one of the hardest hit by Covid-19 in Bolivia.
Despite pandemic and smuggling, forestry exports grow by more than 55%
The Bolivian Chamber of Forestry (CFB) reveals that the export value of wood products grew by 55.6% in the first four months of this year, compared to the same period in 2020. Up to April last year, the sector exported $16.4 million, while in the first four months of this year, the turnover was $25.5 … Continue reading Despite pandemic and smuggling, forestry exports grow by more than 55%
Smuggling affects up to 10% of national production
According to studies conducted by the Chamber of Industry, Commerce, Services and Tourism of Santa Cruz (Cainco), smuggling generates an economic loss that fluctuates between $1 billion and $1.8 billion. There is an impact in domestic production of 5% and 10% per year of the Gross Domestic Product (GDP), which harms the fiscal coffers of approximately $350 to $400 million per year.
CAF issues first $183 million Nutrition Bond for Latin America
Together with Daiwa Securities Group, CAF (development bank of Latin America) made its first thematic placement of bonds aimed explicitly at financing nutrition programs. The securities, totalling 20 billion yen (approximately $183 million), have a term of 7 years.
