Bolivia Eyes GDP Growth Of 4.4% In 2021

(Energy Analytics Institute, 18.Mar.2021) — Bolivia’s government adjusted its 2021 Financial Fiscal Program and foresees Gross Domestic Product (GDP) growth of 4.4% and controlled inflation of 2.6% this year.

Bolivia’s President Luis Arce anticipates “gradual economy repercussions,” but called for a “sacrifice” from all sectors.

Additionally, this year, Bolivia expects a public sector deficit of 9.7%, public investment of $4bn and a variation in net international reserves (RIN by its Spanish acronym) by $1.1bn, reported the daily newspaper La Razón on 18 March 2021.

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By Ian Silverman. © Energy Analytics Institute (EAI). All Rights Reserved.