CNI: Blockades = Million Losses => Reactivation Plan | Bloqueos = Pérdidas Millonarias => Plan de Reactivación

By César del Castillo, El Deber:

CNI estimates losses of $2.5 billion due to blockades and proposes a reactivation plan

CNI cifra en $us 2.500 millones las pérdidas por bloqueos y propone un plan de reactivación

CNI proposes emergency plan to overcome the crisis caused by blockades

The National Chamber of Industries warned that the 42 days of conflict have hit production, employment, and exports. The sector proposes tax relief, credit, and a recovery fund for the economy.

The effects of the 42 days of blockades are already reflected in production, employment, and economic activity. The National Chamber of Industries (CNI) estimated this Thursday that accumulated losses reach 2.5 billion dollars, an impact that could reduce economic growth by between 2 and 2.5 percentage points in 2026.

During a press conference, the organization’s advisor, Hugo Siles, stated that more than 70% of the 13,000 industries in the department of La Paz have either halted or reduced operations. He also reported a drop of more than 20% in exports, the paralysis of investments, and a decrease in tax revenues.

According to the CNI, more than 1.6 million people have been affected in La Paz alone. The organization warned that the loss of income and the reduction of economic activity are deteriorating families’ purchasing power.

Faced with this scenario, the Chamber presented an Economic and Social Reactivation and Recovery Plan based on three pillars: an immediate economic relief program, the creation of a recovery fund, and the approval of a new Investment Law.

Among the proposed measures are the temporary deferral of taxes, credit facilities for the productive sector, incentives for the consumption of national products, and the streamlining of foreign trade procedures. It also proposes a fund financed by multilateral organizations and a 1,000-boliviano Family Bonus to stimulate domestic demand.

The president of the CNI, Gonzalo Morales, stated that the impact of the crisis is no longer only economic. “Bolivia is exhausted,” he said, noting that thousands of families are struggling to make ends meet and are demanding a way out of uncertainty.

Morales called for agreements and political will to restore normality and stated that the priority must be to protect employment, production, and the well-being of Bolivian families.

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