Deepening of the prevailing economic crisis | Profundización de la crisis económica imperante

Editorial, El Deber:

Bad Signs

This Wednesday begins with bad signs for the country and for the department of Santa Cruz. On one hand, there is the fracture of what was once the unity of the department in demanding the completion of the Population and Housing Census and having the results ready before the 2025 elections. On the other hand, there is the request from the so-called MAS social cabinet for “control” over the dollars coming from exports.

Indeed, it was not a good omen that President Luis Arce met first with the political actors of the social movements before outlining the decisions that must be made to confront the economic crisis affecting the country. The demand from this social cabinet conditions the meeting with private entrepreneurs and could lead to its failure, as it reveals the intention to increase state interference in private activities, rather than a commitment to ensure that these activities contribute to the solution everyone is hoping for.

The country’s private entrepreneurs will meet today at the Casa Grande del Pueblo with President Luis Arce. To achieve this, they unified their various sectoral agendas: agricultural, industrial, financial, export, construction, and others. But the intervention of social movements seeking greater control over private income is, at the very least, misguided, when what is needed is to generate synergy and ensure that everyone contributes to getting out of this predicament, based on mutual trust and incentives to produce and export more.

This controlling approach disregards the extraordinary efforts of productive sectors facing a storm unseen in many years, where not only are there internal factors working against them, such as the shortage of foreign currency, fuel, investment insecurity, and outdated legal frameworks, but also adverse climatic factors and a drop in soybean prices.

It is hoped that the president and his ministers will be able to address this moment with clear, immediately applicable, and coherent solutions. Otherwise, they will only be contributing to a deepening of the prevailing economic crisis.

Another bad sign has been shown in Santa Cruz. While this department once demonstrated unity in demanding the census and the fulfillment of the promise to redistribute seats as mandated by law before the 2025 elections, there is now a projection of institutional fracture that denotes fragility in the face of intentions to deny what this region deserves. Neither the Pro Santa Cruz Committee, nor the governor, nor the mayor attended the call of the Inter-Institutional Committee when there is an attempt to break the law and divert the allocation of parliamentary seats to a referendum that only benefits the MAS’s political interests.

The absentees will surely provide arguments to justify their absence, but their absence is a sign of their inability to openly debate what this region needs. The demonstrated weakness undermines the interests of Santa Cruz and opens the possibility that the right to greater legislative representation will be violated. And all of this helps to mitigate the political cost that the redistribution of seats could mean for President Luis Arce and the MAS. On this occasion, the damage is inflicted from within, and it is terrible news for all those who were born in and chose Santa Cruz as their home.

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