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Bolivia’s government will take steps to revive the country’s economy in December and other to prevent a possible coronavirus outbreak, President Luis Arce announced on his Twitter account.
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“With the economic team of Ministers and Vice-ministers we define the new measures that will boost the economy from next December. We will optimize spending and reactivate public investment to create jobs “, said the president.
In this sense, it emerged that the Government will defend an austerity policy with a social focus and, although the dates on which the measures will take effect have not been specified, they will be used to reactivate the economy, except for the payment of the bond. in the face of the Hungry.
With the economic team of Ministers and Deputy Ministers, we define the new measures that will boost the economy from next December. We will optimize spending and reactivate public investment to create jobs. # We will move on#Saturday pic.twitter.com/AGnfVvMVYB
– Luis Arce Catacora (Lucho Arce) (@LuchoXBolivia)
November 28, 2020
This last measure will be extended to people with severe and very serious disabilities, and will aim to stimulate domestic demand. It should be noted that the government minister, Eduardo del Castillo, recently reported the rest of the measures.
Among these we must mention the tax on great fortunes, the reimbursement of VAT, the incentives for internal tourism, the equalization of wages between men and women and the amendment to Law 348, to prevent violence against women, through the educational curriculum,
The new cabinet has also evaluated the complementary measures they will implement to strengthen the control and prevention of Covid-19 infections. “With the effort and responsibility of the population as a whole, we can avoid a possible outbreak,” said President Luis Arce referring to the issue in a meeting with his working group.
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