Bolivian Children Receive Aid

La Paz, Oct 25 (Prensa Latina) The Bolivian government will distribute on Monday the Juancito Pinto bond, an aid that favors more than one million students and is intended to prevent students to leave school before the legal age, education sources reported on Sunday.

Education Minister Roberto Aguilar told Prensa Latina that the idea of carrying out this activity on Monday, October 26, is aimed at allowing students attending public schools, so facilitating the one-time handing over of 200 bolivianos ($28 at the current exchange rate).

Aguilar also said the central ceremony would be in La Paz department, in Villa Victoria, and will be attended by Head of State Evo morales, who will turn 50 that day.

The economic aid this year will reach 1,804,800 children and with that objective, the National General Treasury (TGN) has $34 million in funds at its disposal.

He said that with the Juancito Pinto bond, the number of students leaving school before legal age has been reduced in 0.6 percent in the urban area and 0.73 percent in rural populations.

The bond, which was created by President Morales in 2006, was named after the hero boy of the Chaco War (1932-1935).

Source: Prensa Latina

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