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LatinNews Regional Monitor: Andean Group - 25 April 2019

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In brief: Bolivia

* Bolivia’s national statistics institute (INE) has released new figures which show Bolivia’s economy grew by 4.22% in 2018. This marked a slightly higher rate than the 4.20% growth seen in 2017. The INE largely credited four sectors with generating the growth: agriculture, public service administration, industrial manufacturing, and financial services. Weak-to-negative growth was seen in Bolivia’s once-powerful extractive sector. This was blamed on low demand from Brazil and Argentina.