DW reports: Some 1.5 million Bolivians make a living selling goods on the street. Due to restrictions aimed at curbing coronavirus infections, their income is shrinking drastically. State aid does not reach everyone and is not sufficient to cover even basic needs. [to watch video, click the photo]
Category: Business
Bolivia: honey, cocoa and spices – miel, cacao y especias
Editorial from El Diario: It is urgent to produce honey, cocoa and spices There is an urgent need to diversify our economy in various areas of production. Several decades ago, agricultural entrepreneurs held meetings to establish what items they could take on their own with a view to improving what they produced and, in many…
AM Best turns negative on Bolivia insurance
Matt Sheehan reports for Reinsurance News: AM Best has revised its market segment outlook on Bolivia’s insurance industry to negative from stable, owing mainly to the coronavirus (COVID-19) pandemic. The rating agency noted that the outbreak has exacerbated Bolivia’s political turmoil and contributed to an overall slowdown in economic activity. In combination with the vulnerable…
Human Resilience, Microfinance, and the Evolution of Potatoes
J.P. Kloninger, Program Manager for CSR News: J.P. Kloninger is the Program Manager for Whole Planet Foundation’s North America microfinance portfolio and Team Member Giving. He previously served as Program Director for Latin America and the Caribbean, and as Administrator of Finance and Business Analysis. A native Californian who grew up in Costa Rica, J.P. has diverse…
IMF Executive Board Approves US$327 Million in Emergency Support to Bolivia to Address the COVID-19 Pandemic
Press release 20/170: April 17, 2020 The IMF approved Bolivia’s request for emergency financial assistance of about US$327 million under the Rapid Financing Instrument to combat the COVID-19 pandemic. This assistance will help Bolivia support urgently required medical spending and relief measures to preserve social protection spending. Additional support from other development partners will also…
USA buys more Bolivian sugar – EEUU nos compra más azúcar
Ernesto Estremadoiro reports for El Deber: The US will buy more Bolivian sugar, sweet news in bitter times for the industry The quota for 2020 rose from 8,424 tons to 12,758. According to the North American embassy it will be the largest quota in more than two decades that the country receives. The harvest is…
