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Bolivia prepares evaluation meeting on economic agreements

La Paz, Sep 19 (Prensa Latina) The Bolivian government is preparing a meeting, before the end of this month, with Bolivian businessmen to evaluate the agreements of a National Dialogue on Economy and Production, according to the Minister of Economy and Public Finance, Marcelo Montenegro.

The Minister said that President Luis Arce will call the businessmen “to evaluate all the advances that are significant and important.”

The president and the businessmen signed last August an agreement of 17 actions to boost the economy and overcome the current challenges caused by the decrease in gas exports, the international economic crisis and the blocking of credits in the Plurinational Legislative Assembly (ALP).

The agreements focus on unblocking credits in the ALP, managing new external financing and giving a boost to exports to increas foreign currency in the Bolivian economy. They also intend to open the exploration and exploitation of hydrocarbons to the private sector, strengthen national production and the government’s industrialization plan with import substitution.

In the context of the Dialogue for the Economy and Production, the parties agreed on the urgency of the ALP approving the credits estimated at one billion dollars, while the private sector assumed the responsibility of carrying out the corresponding procedures.

Arce informed this Wednesday, on social networks, the approval of a supreme decree which allows the immediate return of the Tax Refund Certificates (CEDEIM) to encourage exporters to bring foreign currency into the national economy, based on an agile and timely scheme for exporting companies, he said, and added that, with this measure, there will be a greater flow of foreign currency in favor of the country.

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