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Covid-19

NEW ECONOMIC MEASURES AS AN EFFECT OF COVID - 19

Through the Supreme Decree (D.S) 4200 the Bolivian Government ordered the extension of the quarantine until the first fortnight of April, however, given the alarming increase in cases by COVID-19 in the country, since the D.S 4214, it was decreed to extend the quarantine until on April 30 of 2020, after considering the improvement in the situation in Bolivia against this virus.

Of course, this expansion has severe consequences for the country, for this reason, new economic measures were implemented as a support mechanism for Bolivian families, Micro, Small and Medium-sized companies. The novelties are the following:

 

EXTENSION OF THE FAMILY BONUS

What it’s about?

Who are the beneficiaries? 

How the benefit works?

Normative Reference 

The economic support of Bs. 500 ($ us. 72) that will be granted by the Central Government - only once - will be given to families who have children at the initial, primary and secondary levels of public and private schools, as well as students with disability.

Fathers and mothers of children:

 

  • At the initial and primary level of public colleges.
  • With disabilities in Public and Special Education Centers.

 

It extends to:

 

Fathers and mothers of children in:

 

  • The Public and Agreement Educational Units of the Area for the Education of Young and Adult People of the Subsystem of Alternative and Special Education;
  • The Private Educational Units of the initial, primary and secondary levels.

The father or mother of the family must present:

 

1. The photocopy of the beneficiary's identity card.

2. Original identity card of the person who will make the collection.

3. The original report card or photocopy of the student's last school year (signed by the Director).

 

Exceptionally, parents may present a past record card.

 

Everything must be presented at the agencies authorized by Unión Bank or other authorized financial entities.

Art. 2 of the D.S 4197

 

First Final Provision of the D.S 4199

 

Only Additional Provision of the D.S 4205

 

Art. 3 of the D.S 4215.

 

UNIVERSAL BONUS

What it’s about?

Who are the beneficiaries? 

How the benefit works?

Normative Reference

It’s a benefit of Bs. 500 ($ us. 72), which is granted only once, to all Bolivians from the age of 18 up to those under 60 who do not receive any other Bonus, Income, or receive a salary of public or private institutions.

 

 

All persons between 18 and under 60 years old, who are not:

  • Beneficiaries of the Family Bonus and / or with a child who receives the Family Bonus and / or youth and adults who receive the Family Bonus.
  • Direct beneficiaries of the Family Basket.
  • Public servants from all over the State, public and private sector workers.
  • Those who receive pensions or income (retirement, disability, widowhood).

The beneficiaries will appear before the authorized financial institutions from April 30, carrying their identity card and a photocopy of it.

 

Financial entities will verify if the person has contributions in the 

Pension fund Administration (AFP’s) and / or contributions of 2% of the public and private employer contribution for housing.

 

The person who benefits from the Universal Bonus having been exempted from the application, will be sanctioned according to regulations.

Art. 2 of the D.S 4215

 

 

EXEMPTION FROM PAYMENT OF CONSULTATION RIGHT

What it’s about?

Who are the beneficiaries?

How the benefit works?

Normative Reference

During the validity of the National Health Emergency, the financial intermediation entities that have signed an Institutional Agreement with the

General Personal Identification Service (SEGIP) will be exempt from the payment for the right to consult identification data to that institution.

 

All financial intermediation entities that have signed an institutional agreement with SEGIP.

Any operation carried out at the banks of the financial entities will be carried out verifying the identity of the beneficiaries through online consultation with SEGIP; this action, free of charge.

 

Third Transitory Disposition of the D.S 4215

 

 

 

 

 

SPECIAL SUPPORT PROGRAM FOR MICRO, SMALL AND MEDIUM ENTERPRISES

What it’s about?

Who are the beneficiaries?

How the benefit works?

Normative Reference

The Special Program to support Micro, Small and Medium-sized Enterprises is created in order to protect the sources of employment, the operation, and business stability.

Micro, Small and Medium Enterprises.

The interested may request from authorized financial entities, the granting of credits with a 5-year term, with a 1-year grace period. The interest rate and conditions will be regulated by the Ministry of Economy and Public Finance.

Said credit will be granted by bank financial entities and non-bank, public, private or mixed financial entities.

Art. 2 of the D.S 4216

 

 

EMERGENCY PLAN FOR EMPLOYMENT SUPPORT AND JOB STABILITY

What it’s about?

Who are the beneficiaries?

How the benefit works?

Normative Reference 

The benefit consists of support for job stability, in order to grant resources to legally constituted companies and that their workers are registered in the Integral Pension System, so that they can pay their workers' wages. 

Employers that have workers registered in the Integral Pension System. (SIP)

Those interested may request, from the authorized financial entities, the granting of credits for an amount equivalent to 2 national minimum wages per worker, per month, for a maximum of 2 months.

 

The credits will have a concessional nature, with a term of up to 18 months and a 6-month grace period.

Art. 3 of the D.S 4216

 

ANNUAL COLLECTIVE DISABILITY OR DEATH INSURANCE, AND FREE HEALTH CARE TO WORKERS IN THE HEALTH OF THE PUBLIC SUBSECTOR

What it’s about?

Who are the beneficiaries?

How the benefit works?

Normative Reference 

The Ministry of Health by itself and by the entities of the Social Security of Short Term, will directly contract an annual collective insurance of total and permanent disability or death for a period of 1 year, for professionals and health workers, infected by the attention or provision of services related to patients infected with COVID-19.

Likewise, the State will cover the medical care of health workers in health establishments of the Public Subsector, when they have been infected by the care or provision of their services related to patients infected by COVID-19.

From the Collective Annual Insurance:

 

All those professionals who work in health establishments, clinics and others of the Public, Short-Term and Private Social Security Subsectors of the National Health System.

 

From Free Medical Care:

 

Health workers in health facilities in the Public Subsector.

 

It’s important to highlight that public and private health establishments are responsible for preparing the payrolls of the health workers to be insured.

Said payrolls must be forwarded to the Ministry of Health for processing and subsequent shipment to the Insurer.

 

The insurance coverage includes: total and permanent disability or death, for health professionals and workers infected by the care or provision of services related to patients infected with COVID-19.

 

The Insurance Entity that will provide the insurance service is “Personal Insurance and Reinsurance UNIVIDA S.A.”

 

The amount that UNIVIDA S.A will pay per insured will be:

  • Bs. 100,000 ($us. 14,367) in the event of a claim for total and permanent disability, in favor of the insured;
  • Bs. 100,000 ($us. 14,367) in the event of the death of the insured, in favor of the legal heirs.

 

The preceding amounts are not cumulative.

Arts. 2, 3, 4, 5 y 9 of the D.S 4217

 

First Additional Disposition of the D.S 4217

 

 

On the other hand, the Central Government has regulated labor relations or the provision of services that are developed in the public and private sectors for as long as the quarantine persists. Thus, Teleworking takes place in this Health Emergency as a service provision modality, which consists of carrying out remunerated activities, using Information and Communication Technologies (ICT) in the framework of a contract or relationship of work.

The regulation is as follows:

TELEWORK

What it’s about?

Who does this measure reach?

 

What are the obligations of Employers and Teleworkers?

Normative Reference

Teleworking is regulated as a special modality of service provision in the public and private sectors, using ICT, thus, disregarding the physical presence of both Employers and Workers.

 

The effective workday is maintained, and may not exceed the hours established in current regulations.

Both Employers and Workers in the public and private sector, where the activities they carry out can dispense of their physical presence and can continue their work using ICT.

 

Exceptions are made to services provided by the: Armed Forces, the Police, and the provision of food and basic necessities.

The Employer has the following obligations:

 

  • Provide the teleworker with the equipment and software required for the job;

 

  • Train the teleworker for the proper handling and use of equipment and software;

 

  • Establish formal means of communication, to communicate and follow up on assigned tasks.

 

The Teleworker has the following obligations:

 

  • Comply with the IT security and custody protocols;

 

  • Allow the employer free access to information related to telework;

 

  • Inform the employer within a period of no more than 24 hours when the equipment and/or software suffers any damage, loss, theft or others;

 

  • Coordinate the development of his/her work;

 

  • Keep confidentiality of the information and data to which the teleworker has access.

 

 

Although the Employer could have provided him with equipment to work at his home for the time of the quarantine, otherwise, the teleworker who has sufficient equipment will use it to carry out his activities, exempting the employer or the entity from responsibility about its use.

 

Arts. 1,2,3,4,7,8,9,10,11 of the D.S 4218