March 28, 2006

Venezuelan Government grants scholarships to Bolivian students

As part of the policy undertaken by the Venezuelan Government to cooperate with Bolivian President Evo Morales, 1,000 Bolivian students will receive a scholarship from Gran Mariscal de Ayacucho Foundation (Fundayacucho) to complete university studies.

As explained by Fundayacucho president Jorge Arreaza, the youngsters will arrive in Venezuelan in 2006-2007. A total of 470 people are expected to arrive this year, in addition to 550 people in 2007.

The official failed to list the fields of study, but underscored that they will make a technical career, official news agency ABN reported.

Bolivian students will receive a monthly allotment of USD 280 for a total amount of USD 280,000. According to Arreaza, the money comes from extraordinary sources, because it has not been included in the entity ordinary budget.

"It is our duty to lend Bolivia a hand as they start a transformation process for them not to face the same troubles that we had to overcome," he underscored.

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