CEDLA predicts problems for investing Chinese credit in infrastructure and not in production

ANF reports for Pagina Siete, excerpts follow:

CEDLA (Research Centre for Rural and Labor Development) predicts problems for investing Chinese credit in infrastructure and not in production

image“The big problem is what will happen in the medium term, if things continue to deteriorate, these investments that are in infrastructure will not recover the production that has been lost. Production which does not grow in real terms and that we will have a very large debt”, said Arze. The researcher was asked what allows a country to pay debt that contracts with different States and multilateral entities, the answer is in the production.”

httpp://www.paginasiete.bo/a/m/nota.asp?id=74277&id_s=P77

imageit is highly irresponsible what the masismo is doing just to continue in power. Misinformation, lack of technical know how, by the lead of this ochlocracy, is seriously damaging Bolivian future.

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