By Eju.tv:

Jubilee Foundation Proposes a “Major Political and Social Agreement” to Address the Economic Crisis

People going about their daily activities. Photo: Social media.

The challenge, therefore, is not limited to confronting the current situation but also to creating the conditions for Bolivia to build long-term agreements.

The Jubilee Foundation has proposed a “major political and social agreement” to address the current economic crisis and establish a long-term vision for the country. It highlighted the importance of moving toward this objective in order to restore the ability to look at one another and understand that policy decisions affect different segments of the population in different ways.

The director of the non-governmental organization, Juan Carlos Núñez, quoted in a press release, stated that it is necessary to find mechanisms for dialogue and consensus-building that can help resolve conflicts.

He emphasized the importance of developing a national vision that goes beyond the governments of the day. He noted that each administration can implement its own policies, but that the country’s main objectives should be based on long-term agreements.

He added that this vision should also include responsibility toward future generations. In that regard, he stressed the need for authorities and political actors to be accountable for the decisions they make.

Poverty

Based on data from Bolivia’s National Institute of Statistics (INE), Núñez stated that in 2025, 44.7% of the Bolivian population—equivalent to 5.4 million people—was living in poverty. Of that total, 16.7% of the population—approximately 2 million people—was living in extreme poverty.

Given this reality, he proposed that economic and social measures should prioritize the most vulnerable sectors and that both the political class and society as a whole should confront the crisis from a perspective of shared responsibility.

Fuel

Regarding household spending on fuel, he said that it is concentrated mainly among higher-income groups: the wealthiest 10% account for 30% of such spending, compared with 5% for the poorest 10%, largely because they own more vehicles. In contrast, transportation services represent a larger share of income for lower-income households: 6.5%, compared with 1.5% among higher-income households.

This difference shows that although fuel subsidies benefited those with greater spending capacity to a larger extent, their removal could have more significant effects on lower-income households through transportation costs and food prices.

Financing

On financing, he said that the debate should not focus solely on the International Monetary Fund (IMF), but should also consider other institutions and organizations that could help address the country’s difficult economic situation.

To that end, he emphasized the importance of ensuring transparency, accountability, and monitoring mechanisms regarding the use of resources.

Social Measures

The Jubilee Foundation stated that the policy agenda under discussion also includes social relief measures implemented by the government, including increases in certain welfare payments and the creation of the Pepe II bonus, totaling 750 bolivianos, which will be paid in three installments through April 2027.

These relief mechanisms are part of an immediate response, but the discussion highlights the need to complement them with structural measures that address the root causes of economic and social vulnerability.

The challenge, therefore, is not only to deal with the current crisis but also to create the conditions for Bolivia to build long-term agreements and guide present-day decisions toward sustainable development and greater opportunities for future generations.

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