Bolivia with negative economic numbers in 2020
La Paz, Nov 26 (Prensa Latina) The Global Index of Economic Activity (IGAE) of Bolivia today reflected negative numbers for the South American country with a rate of minus 10.40 percent in relation to the same stage of 2019.
According to the publication of the National Institute of Statistics (INE), the sectors with the greatest contraction between January and September of this year were metallic and non-metallic minerals (-36.46 percent), construction (-35.82 percent) and transportation and storage (-20.61 percent).
The IGAE report indicates that the economic lines with positive figures until the ninth month of 2020 are communications (+5.65 percent), the agricultural sector (+1.92 percent) and public administration services (+1.16 percent).
According to the INE document, the transport service is still affected by biosecurity protocols due to the Covid-19 pandemic, although the interdepartmental movement, especially cargo, shows a slight recovery due to the dynamics of food exports and imports of supplies and fuels.
Despite the unfavorable rate, construction shows a slight recovery that is reflected in the reestablishment of the urban employed population dedicated to this activity, growing by 1.4 percent in September 2020 compared to the same month of the previous year, adds the IGAE report.
In this sense, the president of Bolivia, Luis Arce, expressed on his Twitter account the arduous task before the government in reactivating the productive apparatus and generating employment, after almost a year of damage and irresponsibility on the part of the coup plotters.
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