Government guarantees bonds, exchange rate and free export

In this Spanish-language article published in Pagina Siete, plans by the transitional government regarding the mega-dams are discussed. The new Minister of Energy, Rodrigo Guzmán, is quoted as saying: “Regarding the Chepete-Bala hydroelectric megaproject promoted by the previous Government, he said that this is unfeasible, because there was rejection of the rural and indigenous sector of Beni, there was no prior and informed consultation and a negative environmental impact is feared.”

The new administration has also stated that “corruption will not be tolerated and that all complaints submitted will be investigated.”

The new Minister of Public Works, Services and Housing, Yerko Núñez, stated: “We are going to work around the roads; I have seen in myself how my Bolivian compatriots were mistreated and exploited (by Chinese companies) in our own land, how the environment has been damaged, how projects were totally delayed.”