Bolivian exports fall 29.6 percent
Between January and June 2014 export earnings totaled $6,657 million dollars while in the same period this year the amount reached $4,687 million dollars, according to an INE report released by Pagina Siete.
The extraction of hydrocarbons recorded the largest decline since the first half of 2015, revenues were down 36.3 percent from the same period of 2014. Between January and June of this year revenues totaled $2,214 million dollars, a lower amount than the $3,475 million for the first half of last year.
Revenue from the export of natural gas in the first half of 2015 totaled $2,127 million dollars, as opposed to last year’s that reached $3,151 million dollars. The decline is 32.5 percent. In export of fuel there is a decrease of 73.3 percent since last year, between January and June were recorded $324 million and the first half of this year $86.5 million as reported by that newspaper, based on data from the INE.
Exports of manufacturing industry recorded a similar decline of 32.4 percent in the first six months of 2014.
Certainly, this government has not learned enough over the almost last ten years… where over $150 billion dollars went to waste!
Populist regimes and a disproportionate ego of the coca grower leader, is causing more damage than good to our lives.