Bolivia: Moderate growth in the livestock sector and concern over government policies

Published 2024년 12월 24일

Tridge summary

Bolivia's livestock sector saw a slight growth of 3.9% in 2024, according to Walter Ruiz, president of the Federation of Cattle Ranchers of Santa Cruz (Fegasacruz). However, Ruiz expressed concern over the government's policies, which he believes are discouraging investment and growth. The sector is seeking approval for a seven-year pause in the Social Economic Function (FES) to provide legal security for producers. In 2025, the sector plans to promote a law that expands penalties for cattle rustling and facilitate the conversion of small properties into medium-sized ones. The sector is also looking to expand export quotas to bring in more foreign currency. A delegation from Egypt inspected meat packing plants with the possibility of expanding meat exports to that country.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Valor Agro Bolivia | Bolivia's livestock sector closed 2024 with a slight growth of 3.9%, demonstrating its ability to supply the domestic market and maintain an exportable volume. However, Walter Ruiz, president of the Federation of Cattle Ranchers of Santa Cruz (Fegasacruz), expressed his concern about current government policies, which he considers discouraging for investment and growth in the sector. “This year, supplies have been supplied quietly. Today, the sector has presented a bill that includes a pause in the Social Economic Function (FES), which generates a bit of confidence. However, current regulations discourage investment in livestock, which could cause a decline in production and growth,” explained Ruiz. Among the demands of the livestock sector is the approval of a pause in the FES for a period of seven years, with the aim of guaranteeing legal security for producers. “We have asked the legislature to implement a law that contemplates this pause, which will allow ...
Source: Elagro

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