THE BOLIVIAN ECONOMIC PERFORMANCE AND INVESTMENT PROGRAM 2010 -
2015 ESTADO PLURINACIONAL DE BOLIVIA LUIS ALBERTO ARCE CATACORA
MINISTER OF ECONOMY AND PUBLIC FINANCES I.The new model economic in
Bolivia.......................Diap. 2 II.Bolivian economy
performance.....Diap. 8 III.Projection Investment program 2010 -
2015Diap. 40 IV.Private investment and the new state political
constitutionDiap. 54 Annexes...Diap. 58 Slide 2 I. THE NEW ECONOMIC
MODEL IN BOLIVIA MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 2 Slide 3
Nowadays the world not only confronts a financial crisis and its
consequences in the real sector, it also confronts: A climate
crisis An energy crisis A food crisis In this context it is
possible to talk about a structural crisis of capitalism THE FOUR
CRISES OF CAPITALISM MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 3
Slide 4 Free market. The market is the mechanism for allocating
resources and the imbalance adjustor. Hypothesis: Efficient Market
The state intervenes to correct market failures (lack of
redistribution of wealth and transnational monopoly of strategic
companies) 1. An isolated State. The market is a self-regulated
mechanism of the economic process 2. An active participation of the
state in the economy. The state must intervene in the economy
through its seven facets: planner, entrepreneur, investor,
regulator, benefactor, developer, banker 2. Privatization, the
surplus is transferred abroad and without a precautionary
management policy of Natural Resources Nationalization and control
of strategic natural resources 3. A Primary Exporter Development
Pattern 4. A pattern of industrialization and productive
development 4. 4 The Neoliberal Economic Model The Economic Social
Communitarian and Productive Model Slide 5 Preserving macroeconomic
stability as a social asset and promote economic development
MINISTERIO DE ECONOMA Y FINANZAS PBLICAS High concentration of
income, sectors excluded of society 5. Redistributive State 5. 7.
Growth depends only on the external demand Growth based on external
and domestic demand 8. Investment depends on external savings,
boosting debt and fiscal deficit Generation of domestic resources
for investment, fiscal surpluses and lower debt 9. Stagnation,
poverty, inequality of wealth and opportunity Development,
redistribution and employment generation Macroeconomic stability as
an end in itself 10. Economy focused on private initiative 6. The
State is the sponsor of a plural economy 6. 5 The Neoliberal
Economic Model The Economic Social Communitarian and Productive
Model Slide 6 Strategic sectors: Generators of Surplus Sectors that
generate income and employment Hydrocarbons Mining Electricity
Environmental Resources Industry, manufacturing and crafts Tourism
Agricultural development Housing Trade, transport services, other
services Surplus REDISTRIBUTIVE STATE MINISTERIO DE ECONOMA Y
FINANZAS PBLICAS THE ECONOMIC SOCIAL COMMUNITARIAN AND PRODUCTIVE
MODEL 6 Source: New Political Constitution of the State Elaborated:
Ministry of Economy and Public Finances, Fiscal Analysis Network
(RAF) Lats update: Thursday, april 15th 2010 (Hrs. 20:06) Slide 7
PRIVATE - Generates employment - Generates production and services
-Strengthening the economic independency Promove the integration of
various economic forms of production, aiming to achieve economic
and social development PLURAL ECONOMY COMMUNITY - Generates
production and employment - Principles of Cooperation SOCIAL
COOPERATIVE - Generates production and employment -Principles of
solidarity work -and cooperation STATE - Promotor - Organizer -
Redistributor Complementation of individual interest with
collective welfarel Role of the State ECONOMIC GROWTH WELF
REDISTRIBUTION MINISTERIO DE ECONOMA Y FINANZAS PBLICAS PLURAL
ECONOMY 7 Source: New Political Constitution of the State
Elaborated: Ministry of Economiy and Public Finances, Fiscal
Analysis Network (RAF) Lats update: Thursday, april 15th 2010 (Hrs.
20:06) Slide 8 II. BOLIVIAN ECONOMY PERFORMANCE MINISTERIO DE
ECONOMA Y FINANZAS PBLICAS 8 Slide 9 Bolivia: Real GDP growth, 1986
- 2009 (p) (In percent) (p) Preliminary Source: National Statistic
Institute (INE) Elaborated: Ministry of Economy and Public
Finances, Fiscal Analysis Network (RAF) Last update: Tuesday, april
13 2010 (Hrs. 18:42) Average 1985 20052006 (p)2007 (p)2008 (p)2009
(p) 3,004,804,566,153,4 9 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS
DESPITE OF THE CRISIS, THE BOLIVIAN ECONOMY GROWS Slide 10 Selected
Latin American countries: Real GDP growth, 2009 (p) (In percent)
(p) Preliminary Source: Central banks and statistical institutes in
each country Elaborated: Ministry of Economy and Public Finances,
Fiscal Analysis Network (RAF) Last update: Tuesday, april 13 2010
(Hrs. 18:42) 10 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS THE
HIGHEST GDP GROWTH IN THE REGION Slide 11 Bolivia: Real GDP
composition by economic activity 2000 - 2009 (p) (In millions of
Bs.1990) (p) Preliminary Source: National Statistic Institute (INE)
Elaborated: Ministry of Economy and Public Finances, Fiscal
Analysis Network (RAF) Last update: Monday, april 19th 2010 (Hrs.
09:33) 11 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 17% 13% 11% 9%
8% 7% 5% 3% 2% 13% Slide 12 Bolivia: GDP per capita, 1986 - 2009
(p) (In USD) Average 1986 - 2005 2005 (p)2006 (p)2007 (p)2008
(p)2009 (p) 8711.0101.1821.3281.6511.683 12 MINISTERIO DE ECONOMA Y
FINANZAS PBLICAS (p) Preliminary Source: National Statistic
Institute (INE) Elaborated: Ministry of Economy and Public
Finances, Fiscal Analysis Network (RAF) Last update: Tuesday, april
13 2010 (Hrs. 18:42) Slide 13 Bolivia: Real growth of households
consumption and exports, 1991 - 2009 (p) (In percent) 13 MINISTERIO
DE ECONOMA Y FINANZAS PBLICAS (p) Preliminary Source: National
Statistic Institute (INE) Elaborated: Ministry of Economy and
Public Finances, Fiscal Analysis Network (RAF) Last update:
Tuesday, april 13 2010 (Hrs. 18:42) DOMESTIC DEMAND HAS SUSTAINED
GROWTH Slide 14 Bolivia: Gross fixed capital formation, 1988 - 2009
(p) (In percent of GDP) 14 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS
(p) Preliminary Source: National Statistic Institute (INE)
Elaborated: Ministry of Economy and Public Finances, Fiscal
Analysis Network (RAF) Last update: Tuesday, april 13 2010 (Hrs.
18:42) DOMESTIC DEMAND HAS SUSTAINED GROWTH Slide 15 66 8.171 Mar
15 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS Source: National
Statistic Institute (INE) Elaborated: Ministry of Economy and
Public Finances, Fiscal Analysis Network (RAF) Last update:
Tuesday, april 13 2010 (Hrs. 18:42) SHARP DECLINE IN INFLATION
Bolivia: Anual inflation rate, 1985 March 2010 (In percent)
12-Month Slide 16 Selected Latin American countries: 12-Month
inflation rate January 2005 March 2010 (p) (In percent) (p)
Preliminary Source: Central banks and statistical institutes in
each country Elaborated: Ministry of Economy and Public Finances,
Fiscal Analysis Network (RAF) Last update: Friday, april 16th 2010
(Hrs. 09:05) 16 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS DECLINING
INFLATION : MORE THAN IN NEIGHBORING COUNTRIES Slide 17 Bolivia:
Exports by economic activity 1985 2009, Accumulated January
February 2009 - 2010 (p) (In millions of USD) -23% 44% 18% 43%
Average 1985 - 2005 2006200720082009 (p) 1.1384.0884.8226.9335.366
17 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS Jan-Feb 20% (p)
Preliminary Nota: It does not include personal effects and
re-exports Source: National Statistic Institute (INE) Elaborated:
Ministry of Economy and Public Finances, Fiscal Analysis Network
(RAF) Last update: Monday, april 5 2010 (Hrs. 11:02) Slide 18
Bolivia: Imports by economic use or destiny (CUODE) 1990 2009,
Accumulated January February 2009 - 2010 (p) (In millions of USD)
-12% 42% 23% 20% Average 1985 - 2005 2006200720082009 (p)
1.4152.9263.5885.1004.467 18 MINISTERIO DE ECONOMA Y FINANZAS
PBLICAS Jan-Feb 1% (p) Preliminary Source: National Statistic
Institute (INE) Elaborated: Ministry of Economy and Public
Finances, Fiscal Analysis Network (RAF) Last update: Monday, april
5 2010 (Hrs. 11:02) Slide 19 Bolivia: Trade balance 1990 2009,
Accumulated January - February 2009 2010 (p) (In millions of USD)
-50% 50% Average 1985 - 2005 2006200720082009
-2011.3061.3021.958986 19 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS
196% Jan-Feb (p) Preliminary Note: For the calculation, the exports
include personal effects and re- exports Source: National Statistic
Institute (INE) Elaborated: Ministry of Economic and Public
Finances, Fiscal Analysis Network (RAF) Last update: Monday, april
5 2010 (Hrs. 11:02) Slide 20 Selected Latin American countries:
Nominal exchange rate index, January 2003 - 13 April 2010 (Hrs.
17:35) (January 2003 = 100) (p) Preliminary Source: Bloomberg,
Central Bank of Bolivia (BCB) on information from Bloomberg,
Central Bank of Uruguay Elaborated: Ministry of Economy and Public
Finances, Fiscal Analysis Network (RAF) Last update: Tuesday, april
13 2010 (Hrs. 18:42) Venezuela Argentina, Bolivia, Brasil, Chile,
Colombia, Per and Uruguay 13Abr-10 20 MINISTERIO DE ECONOMA Y
FINANZAS PBLICAS EXCHANGE RATE STABILITY Slide 21 Bolivia: Central
Banks net international reserves 1976 March 2010 (p) (In millions
of USD) 20052006200720082009 Mar- 2010
1.7143.1785.3197.7228.5808.447 2.142 2.403 1.464 858 (p)
Preliminary Source: Central Bank of Bolivia (BCB) Elaborated:
Ministry of Economy and Public Finances, Fiscal Analysis Network
(RAF) Last update: Tuesday, april 13 2010 (Hrs. 17:28) 21
MINISTERIO DE ECONOMA Y FINANZAS PBLICAS HIGH LEVEL OF
INTERNATIONAL RESERVES Slide 22 Latin American countries: Net
International Reserves 2008 - 2009 (p) (In percent of GDP) (p)
Preliminary Source: Central banks in each country Elaborated:
Ministry of Economy and Public Finances, Fiscal Analysis Network
(RAF) Last update: Tuesday, april 6 2010 (Hrs. 19:25) 22 MINISTERIO
DE ECONOMA Y FINANZAS PBLICAS THE HIGHEST LEVEL OF INTERNATIONAL
RESERVES IN THE REGION, IN TERMS OF GDP Slide 23 Bolivia: Net
foreign direct investment, 1985 - 2009 (p) (In millions of USD)
Average 1985 2005: USD 296 millions Average 2006 2009: USD 393
millions MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 23 (p)
Preliminary Source: Central Bank of Bolivia (BCB) Elaborated:
Ministry of Economy and Public Finances, Fiscal Analysis Network
(RAF) Last update: Tuesday, april 13 2010 (Hrs. 17:28) POSITIVE
FOREIGN DIRECT INVESTMENT IN 2009 Slide 24 Bolivia: Financial
System deposits (1) December 2005 March 2010 (In millions of USD)
24 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 24% 20% 28% 23% 37% 36%
4% 20% 27% 48% 4% 23% (1) Note: Corresponds to the private sector
deposits Source: Financial System Supervisory Authority (ASFI)
Elaborated: Ministry of Economy and Public Finances, Fiscal
Analysis Network (RAF) Last update: Wednesday, april 14 2010 (Hrs.
20:51) Slide 25 Bolivia: Financial System loans and non performing
loans December 2005 March 2010 (In millions of USD) 25 MINISTERIO
DE ECONOMA Y FINANZAS PBLICAS 16% 14% 19% 10% Source: Financial
System Supervisory Authority (ASFI) Elaborated: Ministry of Economy
and Public Finances, Fiscal Analysis Network (RAF) Last update:
Wednesday, april 14 2010 (Hrs. 20:51) Slide 26 Bolivia:
Remonetization of the Financial System deposits and loans, 1995
March 2010 (In percent) 26 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS
SHARP DECLINE IN DOLLARIZATION REMONETIZATION OF THE ECONOMY
Source: Financial System Supervisory Authority (ASFI) Elaborated:
Ministry of Economy and Public Finances, Fiscal Analysis Network
(RAF) Last update: Wednesday, april 14 2010 (Hrs. 20:51) Slide 27
Bolivia: Fiscal balance, 1970 March 22 2010 (p) (In percent of GDP)
(p) Preliminary Source: Ministry of Economy and Public Finances,
DGAPF, DGAT, and Central Bank of Bolivia (BCB) Elaborated: Ministry
of Economy and Public Finances, Fiscal Analysis Network (RAF) Last
update: Tuesday, april 13 2010 (Hrs. 19:18) Average 1985 - 2005
2006200720082009 22-Mar 2010 - 5,0%+ 4,5%+ 1,7%+ 3,2%+ 0,1%+ 0,2%
22-Mar 2,4% 27 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS FISCAL
SURPLUS SINCE 2006: FOUR CONSECUTIVE YEARS Slide 28 28 MINISTERIO
DE ECONOMA Y FINANZAS PBLICAS 40% 34% 14% Average 1987 2005: $us
497 millions Average 2006 2009: $us 1.169 millions 7% Bolivia:
Public investment, 1990 2009 (p) (In millons of USD) RECORD LEVEL
IN PUBLIC INVESTMENT (p) Preliminary Source: Viceministry of Public
Investment and External Financing (VIPFE) Elaborated: Ministry of
Economy and Public Finances, Fiscal Analysis Network (RAF) Last
update: Wednesday, april 14 2010 (Hrs. 15:17) Slide 29 MINISTERIO
DE ECONOMA Y FINANZAS PBLICAS Bolivia: Public investment financing
1990 2009 (p) (In percent) 29 DOMESTIC FINANCING OF PUBLIC
INVESTMENT RISES (p) Preliminary Source: Viceministry of Public
Investment and External Financing (VIPFE) Elaborated: Ministry of
Economy and Public Finances, Fiscal Analysis Network (RAF) Last
update: Wednesday, april 14 2010 (Hrs. 15:17) Slide 30 Bolivia: Tax
revenues, 1990 - 2009 (p) (In millions of USD) (p) Preliminary
Source: Ministry of Economy and Public Finances, VPT and National
Taxes Service (SIN) y National Aduana Customs of Bolivia (ANB)
Elaborated: Ministry of Economy and Public Finances, Fiscal
Analysis Network (RAF) Last update: Tuesday, april 13 2010 (Hrs.
19:18) Average 1990 - 2005 2006200720082009
1.0182.6423.0844.0634.324 30 MINISTERIO DE ECONOMA Y FINANZAS
PBLICAS CONTINUOUS GROWTH OF TAX REVENUES Slide 31 Bolivia:
External public debt, 1993 March 2010 (p) (In percent of GDP) (p)
Preliminary Note: It does not incorporate FMI SDR allocations
Source: Central Bank of Bolivia (BCB) Elaborated: Ministry of
Economy and Public Finances, Fiscal Analysis Network (RAF) Last
update: Monday, april 12 2010 (Hrs. 12:13) 31 MINISTERIO DE ECONOMA
Y FINANZAS PBLICAS Mar DECLINING DEBT Slide 32 Bolivia: Domestic
public debt of the TGN, 1993 Marzo 2010 (p) (In percent of GDP) (p)
Preliminary Source: Ministry of Economy and Public Finances, DGCP
Elaborated: Ministry of Economy and Public Finances, Fiscal
Analysis Network (RAF) Last update: Monday, april 12 2010 (Hrs.
12:13) 32 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS Mar DECLINING
DEBT Slide 33 Bolivia: Urban unemployment rate, 2000 2009 (p) (In
percent) (p) Preliminary (e) Estimated Source: National Statistic
Institute (INE) and UDAPE Elaborated: Ministry of Economy and
Public Finances, Fiscal Analysis Network (RAF) Last update: Monday,
april 12 2010 (Hrs. 12:13) 33 MINISTERIO DE ECONOMA Y FINANZAS
PBLICAS LOWER UNEMPLOYMENT RATE Slide 34 Selected Latin American
countries: Unemployment rates 2009 (p) (In percent) (p) Preliminary
(e) Estimated Note: Urban unemployment rate, except Chile and
Venezuela national unemployment rate Source: National statistic
institutes in each country Elaborated: Ministry of Economy and
Public Finances, Fiscal Analysis Network (RAF) Last update: Monday,
april 12 2010 (Hrs. 12:13) 34 MINISTERIO DE ECONOMA Y FINANZAS
PBLICAS THE LOWEST UNEMPLOYMENT RATE IN THE REGION Slide 35
Bolivia: Moderate poverty rate, 1996 2009 (e) (In percent) 35
MINISTERIO DE ECONOMA Y FINANZAS PBLICAS POVERTY REDUCTION (e)
Estimated Source: UDAPE Elaborated: Ministry of Economy and Public
Finances, Fiscal Analysis Network (RAF) Last update: Monday, april
12 2010 (Hrs. 12:13) Slide 36 Bolivia: Extreme poverty rate, 1996 -
2009 (e) (En percent) 36 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS
(e) Estimated Source: UDAPE Elaborated: Ministry of Economy and
Public Finances, Fiscal Analysis Network (RAF) Last update: Monday,
april 12 2010 (Hrs. 12:13) POVERTY REDUCTION Slide 37 A.
INTERNATIONAL RECOGNITION TO THE BOLIVIAN ECONOMIC POLICIES
MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 37 Slide 38 Elaborated:
Ministry of Economy and Public Finances, Fiscal Analysis Network
(RAF) Lats update: Tuesday, april 13 2010 (Hrs. 19:18)
INTERNATIONAL RECOGNITION TO THE BOLIVIAN ECONOMIC PERFORMANCE
International Organisms 38 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS
FMI: Regional Economic Outlook: Western Hemisphere" presentation in
Bolivia, and Article IV Consultation. The IMF described as prudent
and wise the economic policy implemented in the country, for the
fiscal stimulus applied in the crisis period October, 2009 October
2009 and February 2010 November, 2009 December, 2009 BID:
Emphasizes the positive growth in 2009, and the least impact of the
crisis in the country, in relation to Latin America and the
Caribbean World Bank: Emphasizes the "appropriate macroeconomic
management, and achieving the highest growth rate among countries
in Latin America CEPAL: Positioned to Bolivia as the fastest
growing economy in 2009 and among the principals in 2010 Slide 39
Credit Rating Agencies 39 MINISTERIO DE ECONOMA Y FINANZAS PBLICAS
Fitch Rating, raised the rating to "B" from "B-, with stable
outlook September, 2009 October, 2009 Moodys Investors Service,
raised the rating to "B2" from "B3, with stable outlook The
sustained of macroeconomic stability and favourable public and
external debt ratios, international reserves accumulation and
fiscal saving, supported this rating Elaborated: Ministry of
Economy and Public Finances, Fiscal Analysis Network (RAF) Lats
update: Tuesday, april 13 2010 (Hrs. 19:18) INTERNATIONAL
RECOGNITION TO THE BOLIVIAN ECONOMIC PERFORMANCE Slide 40 III.
PROJECTION INVESTMENT PROGRAM 2010 - 2015 MINISTERIO DE ECONOMA Y
FINANZAS PBLICAS 40 Slide 41 PRIORITIZED INVESTMENT MINISTERIO DE
ECONOMA Y FINANZAS PBLICAS 41 INVESTMENT PROJECTS BY ECONOMIC
SECTOR (In millions of USD) (p) Preliminary Source: Ministry of
Development Planning Elaborated: Ministry of Economy and Public
Finances, Fiscal Analysis Network (RAF) Last update: Monday, april
19th 2010 (Hrs. 10:35) Slide 42 Achacachi Vinto Bermejo El Alto
Caracollo San Buenaventura San Jos Misicuni Cbba. Corocoro Huanuni
Zinc Litio Gran Chaco Rositas Santa Cruz El Mutn Rio Grande
Cachuela Esperanza El Bala Miguillas Villa Tunari Challapata
Carrasco Mining Lithium Uyuni (I) Iron Mutn (I) Zinc Potos, Oruro
(PreI) Huanuni (I) Foundry Vinto (I) Complex Corocoro (F)
Hydrocarbons Industrialization Refinement: Santa Cruz y Cochabamba
(PreI) Ammonia/Urea: Cochabamba (PreI) Separation plant: Rio Grande
(Santa Cruz) y Tarija (PreI) Pre-fabricated houses: Caracollo (I)
Gas to liquids, GTL: Gran Chaco (San Alberto, Sbalo, Margarita)
(PreI) Hydroelectric power plants For export: Cachuela Esperanza,
El Bala y Rositas (PreI) Domestic Market: Miguillas, Misicuni y San
Jos (PreI) Hydrocarbons, Mining and Energy CARTONBOL (O) LACTEOSBOL
(O) PAPELBOL (O) Public Companies ECEBOL (I) Bolivian Forest
Enterprise (EFB) (PreI) Bolivian Almond Enterprise (EBA) (F)
AZUCARBOL (I) San Beunaventura Sugar Refinery (PreI) Pre-investment
studies(PreI) Investment (I) Operation (O) PRIORITY: LAYING THE
FOUNDATIONS OF INDUSTRIALIZATION MINISTERIO DE ECONOMA Y FINANZAS
PBLICAS 42 Slide 43 Potencial petroleum area Traditional area
Petroleum exploration Petroleum exploitation New exploration areas
Madidi, Chepite, Chispani Aguarage North and South Camatindi, San
Telmo Production 7 wells in Margarita y Huacaya (Repsol) 2 vertical
aditional wells in Incahuasi (E&P) San Alberto Plant North
Fields THE CHALLENGE OF INDUSTRIALIZATION MINISTERIO DE ECONOMA Y
FINANZAS PBLICAS 43 Hydrocarbons: Exploration and production Slide
44 Refinement Santa Cruz, Cochabamba Industrialization
Ammonia/Urea: Cochabamba Provincia Gran Chaco (fields of San
Alberto Sbalo, Margarita (GTL)) Separation plants Santa Cruz,
Tarija Refinement and industrialization MINISTERIO DE ECONOMA Y
FINANZAS PBLICAS 44 HYDROCARBONS INVESTMENT (In millions of USD)
THE CHALLENGE OF INDUSTRIALIZATION Slide 45 Corocoro
hydrometallurgical complex Inversin (50.000 MT fin copper/year)
AUSMELT VINTO Smelter New Huanunis mining refinery (3.000 TN/day)
Zinc hydrometallurgical plants (Oruro / Potos) Iron El Mutn Lithium
carbonate pilot plant (40 MT/day) Large scale production of lithium
carbonate (400.000 MT/year) Lithium Chloride / Metal Lithium
Lithium battery industry Electric Car Industry Mining MINISTERIO DE
ECONOMA Y FINANZAS PBLICAS 45 THE CHALLENGE OF INDUSTRIALIZATION
Slide 46 Mining MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 46 LITHIUM
INDUSTRIALIZATION SALAR DE UYUNI LITHIUM PROJECT PHASES 1.Pilot
plant lithium carbonate installation 2. Large scale production of
lithium carbonate 3.Industrial manufacture of high tech batteries
based on lithium metal PROJECT DESCRIPTION According the United
States Geological Survey the lithium reserves in Bolivia are 5,4
million tonnes. Among the countries with the highest lithium
demanding are United States, China, England, Germany and Japan. The
price this metal fluctuates around $ 4.300 per tonne World Lithium
Reserve Base (1), 2007 (In millions of tons) (1) That part of an
identified reosurce that meets specified minimium physical and
chemical criteria related to current mining and production
practices, including those for grade, quality, thickness, and
depht. Source: United States Geological Survey, Mineral Commodity
Summaries 2007 MINING INVESTMENT (In millions of USD) THE CHALLENGE
OF INDUSTRIALIZATION Slide 47 PROJECTS FOR EXPORT HYDROELECTRIC
PROJECTS (In millions of USD) PROJECTS FOR DOMESTIC MARKET Cachuela
Esperanza El BalaRositasMiguillasMisicuniSan Jos Energy MINISTERIO
DE ECONOMA Y FINANZAS PBLICAS 47 THE CHALLENGE OF INDUSTRIALIZATION
Slide 48 PROJECTS FOR EXPORT PROJECT FOR DOMESTIC MARKET Cachuela
Esperanza El BalaRositasMiguillasMisicuniSan Jos Energy MINISTERIO
DE ECONOMA Y FINANZAS PBLICAS 48 ELECTRICAL ENERGY INVESTMENT (In
millions of USD) THE CHALLENGE OF INDUSTRIALIZATION Slide 49
Existing roads Per Brazil Puerto Ustariz Yacuiba Guayaramern Cobija
La Paz Villazon Paraguay Chile S. I. Moxos Villa Tunari Government
Program MINISTERIO DE ECONOMA Y FINANZAS PBLICAS Interconnected
Roads ROAD INTEGRATION 49 ROAD CONSTRUCTION INVESTMENT (In millions
of USD) Chile Slide 50 VIAL CORRIDORS Corridor 1. East - West
(Bolivia, Brazil and Chile) 910 Km Corridor 2. North - South (Port
Ustariz - Yacuiba) 128 Km Corridor 3. West - North (La Paz-
Riberalta-Guayaramern-Cobija) 1.617 Km Corridor 4. West - South (La
Paz - Bermejo-Villazn) 329 Km Corridor 5. East - West (Central-
South) (Chile, Bolivia and Paraguay) 209 Km Existing roads
Government Program Villa Tunari San Ignacio de Moxos 295 Km Per
Brazil Paraguay Chile MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 50
Integrated Roads ROAD INTEGRATION Slide 51 Oriental Railway network
(Existing railway) Government Program West railway network
(Interconnection zone) Ayquile Warnes Proposed railway Government
Program MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 51 Trains RAYLWAY
INTERCONNECTION RAILWAY CONSTRUCTION INVESTMENT (In millions of
USD) Slide 52 Paved road (ESM, JSB and ABC) Puerto Surez Mutn
Puerto Busch Railroad Puerto Surez Mutn Puerto Busch Waterway Mutn
Ro Paraguay (Dionisio Foianini) WATERWAY Mutn Puerto Busch: 110 Km
Puerto Busch Puerto Nueva Palmira: 2.000 Km TOTAL:2.110 Km aprox.
MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 52 Mutn Puerto Busch
waterway BOLIVIA: CONNECTED TO THE ATLANTIC WATERWAY MUTN PUERTO
BUSCH Investment amount (e): USD 450 millions Slide 53 MINISTERIO
DE ECONOMA Y FINANZAS PBLICAS WHEAT (Hectares) Potential wheat
production RURAL DEVELOPMENT 53 RURAL DEVELOPMENT AND FOOD SECURITY
INVESTMENT (In millions of USD) Slide 54 IV. PRIVATE INVESTMENT AND
CONSTITUTION OF THE PLURINATIONAL STATE OF BOLIVIA MINISTERIO DE
ECONOMA Y FINANZAS PBLICAS 54 Slide 55 MINISTERIO DE ECONOMA Y
FINANZAS PBLICAS 55 INVESTMENT: CONSTITUTION OF THE PLURINATIONAL
STATE OF BOLIVIA Article 308.- I.The State recognizes, respects and
protects private initiative, to contribute to the economic, social
development and to strengths the country economic independency.
II.It guarantees freedom of enterprise and the full exercise of the
business activities, which will be regulated by law. Article 351.-
I.The state will assume control and management on the exploration,
exploitation, industrialization, transport and commercialization of
the strategic natural resources through public cooperatives or
communitarian, which entities could hire private firms and
establish joint ventures. II.The state may subscribe contracts of
association with legal entities, Bolivian or foreign, to the
exploitation of natural resources. The economic profits must
ensured to be reinvested in the country. Source: New Political
Constitution of the State Elaborated: Ministry of Economy and
Public Finances, Fiscal Analysis Network (RAF) Lats update:
Tuesday, april 13 2010 (Hrs. 19:18) Slide 56 MINISTERIO DE ECONOMA
Y FINANZAS PBLICAS 56 Article 351.- III.The management and
administration of natural resources will be conducted ensuring the
control and social participation in the design of sectorial
policies. In the management and administration may be established
joint entities, with state of the and the society representation,
and be will precautionary collective welfare. IV.The private,
Bolivian or foreign companies, will pay taxes and royalties when
they intervene in the exploitation of the natural resources, and
the collects to which they give place will not be refundable. The
royalties for the utilization of the natural resources are a right
and a compensation for his exploitation, and they will be regulated
by the Constitution and the law. INVESTMENT: CONSTITUTION OF THE
PLURINATIONAL STATE OF BOLIVIA Source: New Political Constitution
of the State Elaborated: Ministry of Economy and Public Finances,
Fiscal Analysis Network (RAF) Lats update: Tuesday, april 13 2010
(Hrs. 19:18) Slide 57 Gracias 57 MINISTERIO DE ECONOMA Y FINANZAS
PBLICAS Slide 58 ANEXOS MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 58
A.Real GDP growth by economic activity..Diap. 59 Slide 59 A. REAL
GDP GROWTH MINISTERIO DE ECONOMA Y FINANZAS PBLICAS 59 Slide 60 60
MINISTERIO DE ECONOMA Y FINANZAS PBLICAS Bolivia: Real GDP growth
by economic activity, 2009 (p) (En porcentaje) GDP Growth: 3,4%
INCIDENCE 0,34 0,62 0,57 0,12 0,59 0,40 0,81 0,47 0,49 0,15 0,06
0,89 (p) Preliminary Source: National Statistic Institute (INE)
Elaborated: Ministry of Economy and Public Finances, Fiscal
Analysis Network (RAF) Last update: Monday, april 19th 2010 (Hrs.
09:33)
