Official demagogy 👎🏽 Demagogia oficialista

Editorial, Los Tiempos:

The statements of some Government authorities regarding current issues related to the management of the State, events that affect the population and political problems, suggest that the ruling party does not care about the deterioration of the trust that Bolivians have in their rulers.

This deterioration is reflected in three surveys carried out between last September and October, and also in the Rule of Law Index 2023, from the World Justice Project, which places Bolivia in the third worst rated on a global scale, and among the last countries in America. Latin and the Caribbean.

In recent weeks, at least two issues of national relevance were the subject of attempts at demagogic recovery by senior officials and, in the case of another, the contradictions expressed showed that the truth was hidden.

The last of these issues is the reduction applied by Standard & Poors (S&P Global Ratings) of Bolivia’s long-term foreign and local currency sovereign credit ratings.

The Minister of Economy and Public Finance attributes this decision of the international rating agency “fundamentally” to “the political problems in the Plurinational Legislative Assembly (ALP), the boycott and the blockade that is being given to the economic management of President Luis Arce.” .

According to the official S&P statement, the downgrade in the rating is also due to “the decline in Bolivian exports,” its “limited” net international reserves (RIN), “high fiscal deficits and poor transparency about the Bank’s assets.” Central” of Bolivia (BCB), which “are increasing the risks for debt service” of the country.

Something similar happened with the difficulties in achieving legislative sanction of the reformulation of the 2023 Budget, blocked in the ALP, not because evistas and opponents refused to provide additional resources to the Government, governorates, municipalities and universities, but because of their resistance to approve additional provisions that had nothing to do with increasing the availability of money for those instances.

The most flagrant distortion of the truth is the one regarding the diesel shortage. For weeks, the Government insisted that it guaranteed sufficient supply of that fuel, while the lines of vehicles at the pumps grew at the same time as the economic losses related to transportation problems. Until, at the beginning of this month, it was reliably known that if diesel is in short supply it is due to lack of payment to suppliers. And 10 days ago an official report from YPFB was released revealing that “the payment restriction scenario implies discontinuity of supply.”

Demagogue

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