The Government of Bolivia will import up to 10,000 tons of flour

Published 2022년 4월 5일

Tridge summary

The Bolivian government has allocated 44 million Bolivians from the Revolving Fund for Food Security to import up to 10,000 tons of wheat flour, in response to rising international prices due to the Russia-Ukraine conflict. The move aims to prevent bread shortages and price increases, and also to support small and medium flour production units. The National Confederation of Artisan Bakers and the Federation of Bakers of La Paz have welcomed the decision, expressing hopes for reasonable pricing and widespread distribution of the imported flour.

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Original content

Marco Belmonte / La Paz The Government determined the importation of up to 10,000 tons of wheat flour to guarantee the supply of the market and avoid shortages and rise in the price of bread. The purchase from abroad will be made by Insumos Bolivia with resources from the Revolving Fund for Food Security, created in 2012, as provided by Ministerial Resolution 058-2022 of the Ministry of Productive Development and Plural Economy approved on March 28. For this purpose, that state entity was authorized to use 44 million Bolivians from this fund. This mechanism was created in 2010 with the resources that were transferred by the commercialization of imported sugar at that time to supply the market, as defined by Supreme Decree 677 of that year. Resolution 058-2022 establishes that there is an increase in the price of flour in international markets due to the war conflict between Russia and Ukraine, and due to this context, the cost of this product in the national market has an upward ...

Source: Paginasiete