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José Gabriel Espinoza, the director of Bolivia’s central bank (BCB), has reported that the bank is working with the interim government’s ministry of productive development on a new package of economic measures intended to prevent job losses in the wake of the coronavirus (Covid-19) pandemic. Espinoza insisted that
“the key variable today is employment. If we protect employment, we protect the company that is investing, we protect the financial sector that is lending to the company”. He noted that measures will include
“access to loans under appropriate conditions”, as well as
“support for employment”, although did not detail what this would involve.
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