BOLIVIA: Pensions Minister guarantees dignity grant will be paid to elderly

. LA PAZ, Bolivia / Prensa Latina / January 30, 2009 Bolivian Pensions Deputy Minister Jose Luis Perez guaranteed elderly dignity grant this year, a government aid for people over 60 years old, denying rumors that such a measure will not materialize. The population can stay assured the government's help will come without difficulty, he assured in a declaration to Patria Nueva Radio. According to the official, the equivalent of $22 million will be paid. The resources will come from hydrocarbon direct tax and recovery of enterprises privatized by neo liberal presidents, explained the economist. In the last few days some experts criteria circulated here have predicted a severe impact of the world financial crisis. In Bolivia the impact will be by mid of this year mainly those initiatives aimed at supporting the social sectors. About 700,000 Bolivians will benefit from this measure granted for the first time in 2008 starting from President Evo Morales' idea. Copyright © 2006 Prensa Latina