LatinNews Daily - 15 June 2026

*Bolivia’s central bank (BCB) has released new figures showing that remittances to Bolivia totalled US$93.04m in April 2026, up from US$92.10m in March, US$89.11m in February, and US$90.24m in January. This brings the total for the first four months of 2026 to US$364.49m, down from US$390.89m in same period in 2025. Spain accounted for US$184.44m of remittances sent to Bolivia in the first four months of 2026, followed by the US (US$52.84m), and Argentina (US$19.87m). Remittances to Bolivia totalled US$1.23bn in 2025. The slowdown in the first four months of the year compared with the same period in 2025 comes as the government led by President Rodrigo Paz continues to grapple with the economic impact of major protests which have been taking place since last month aimed at forcing Paz’s resignation, and which have caused US$2.5bn in economic losses on estimates released on 10 June by local private sector lobby, Instituto Boliviano de Comercio Exterior (IBCE). On 11 June Gonzalo Morales, the president of another leading private sector lobby, Cámara Nacional de Industrias (CNI), presented a new national economic reactivation plan aimed at strengthening productivity, promoting economic growth, recovering investment, protecting employment, and promoting exports. According to the CNI, in the short term the plan, which aims to recover between 1% and 1.5% of GDP growth affected by the blockades, focuses on six strategic pillars linked to tax, credit, state acquisitions through the Compro Boliviano scheme, and measures linked to electricity, telecommunications, and customs management. In the medium and long term, the plan proposes the creation of an economic and social recovery and reconstruction fund prioritising sectors such as agroindustry, manufacturing, the orange economy (creative industries), and education, among others, as well as a new investment law.

End of preview - This article contains approximately 310 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial