Bolivian economy to grow 4.7% in 2018: Govt 02/08/2018 | By Radoslav Yordanov, EMIS Editor

The administration will invest between $ 6.5bn and $ 8bn this year

Bolivia’s economy will expand 4.7% in 2018, Finance Minister Mario Guillen was quoted as saying by M-Brain News Monitoring. This growth will be driven by domestic demand, he added.

According to the local government, construction and electricity sectors will both increase by 7% this year, whilst agriculture and transport industries will rise by 6.1% and 5.8%, respectively.

The minister also revealed that Morales’ administration would invest between USD 6.50bn and 8bn this year. Regarding inflation, the government forecasted it would end 2018 at 4.5%.

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Original source: M-Brain - News Monitoring
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