Wednesday 02 December 2009
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Bolivia Guarantees Aid for the Elderly

LA PAZ - Bolivian government guaranteed a $250-million budget for 2010 destined for the payment of an aid to people over 60 years old, highlights Cambio daily on Monday.

According to the daily, which quotes statements of the Vice Minister of Pensions and Financial Services Mario Guillen, the so-called Dignity Income of the State is in conditions to cover any contingency that may happen with the international price of oil taking into account that the bond is paid with resources of the Direct Tax on Hydrocarbons (IDH).

The official added that the benefit to the elderly is also financed by the resources coming from the profitability of the companies through the Collective Capitalization Fund (FCC) and the General Treasury of the Nation (TNG).

The Executive began the payment of the Dignity Income on February 2008 with 200 boliviano per month ($28) for those who had no pension, and 150 boliviano ($21) for those who have it.

According to official statistics, the payment of the income benefited 687, 962 elderly until December 2008 and of that number, 45,38 percent are men and 54, 62 are women.

The government also implemented other aids as the Juancito Pinto bond, for students and the Juana Azurduy bond, which is distributed among pregnant women to prevent the maternal and child mortality.
 
 
 

 

 
 
 
 

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