Friday, December 03, 2021

NEWS

Bolivia reports 5.3-percent economic growth in April

Bolivia reports 5.3-percent economic growth in April

La Paz, May 26 (Prensa Latina) The Bolivian economy shows signs of reanimation, growing 5.3 percent in April 2021, Minister of Economy Marcelo Montenegro said.
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

Bolivia reported an equilibrium in the trade balance, and exports exceeded imports, according to the Minister’s statements in the Bolivian TV.

‘Several sectors are advancing and driving the increase in financial activities, including mining, construction and telecommunications,’ Montenegro said.

He explained the measures adopted by the government to reanimate the national economy, such as the Hunger Bonus, the refund of the RE-IVA (Value Added Tax Cash Reimbursement Regime) and credits for producers.

The coup regime led by Jeanine Añez did not pay the debts for works that had already been completed, which affected business people, Montenegro said.

‘However, we are paying now those in the conclusive phase to create jobs and finish them for the benefit of the population,’ the minister said.

Since the campaign prior to the elections on October 18, 2020, then Presidential Candidate Luis Arce stated that he would work tirelessly to rebuild the Bolivian economy, fight the Covid-19 pandemic and recover democracy.

After being sworn in as president in November 2020, Arce particularly supported a strategy to advance financially, with the return to a fairer and inclusive social community order among its priorities.

jg/llp/agp/znc/cvl

RELATED
ÚLTIMO MINUTO
name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.