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Bolivia to increase education and health budgets in 2022

bolivia-to-increase-education-and-health-budgets-in-2022

Bolivia to increase education and health budgets in 2022

La Paz, Dec 7 (Prensa Latina) The Bolivian Government will allocate more than 6.9 billion dollars to the education and health sectors next year, local media reported.
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According to Ahora el Pueblo newspaper, the health budget will increase by 3.3 percent compared to 2021, while the education budget will rise by 6.7 percent.

On Sunday, the Bolivian deputy minister of Budget and Fiscal Accounting, Zenon Mamani, explained that about 580 institutions make up the General State Budget (PGE) for 2022.

“Among them are municipalities, governorates, public universities, social security entities, decentralized entities, public administration, among others,” the official explained.

He noted that there is a natural growth to cover current expenditures, and in the case of teachers and health care there is a promotion of categories, therefore, their remuneration tends to rise on an annual basis.

Mamani informed that the objective of the PGE is to give continuity to the reconstruction of the national economy by increasing resources for the 2022 administration.

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