From El Diario: Former director of the Central Bank, BCB José Gabriel Espinoza, former director of the Central Bank of Bolivia (BCB), deemed the “crisis” apparent in certain figures of the Bolivian economy as “not temporary,” forecasting that the situation this year will not be better than in 2023. According to data recorded in the…
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Bolivian economy will be the only one in crisis in South America | Economía boliviana será la única en crisis en Sudamérica
El Diario: International organizations observe a complex picture of the Bolivian economy, with the reduction of reserves, a high country risk and low foreign investment. In this framework, economists maintain that Bolivia will be among the economies in crisis in South America, if its model does not change. The economist and former authority of the…
Growth of the Bolivian economy falls in 2023 and in 2024 the deceleration will continue | Crecimiento de economía boliviana cae en 2023 y el 2024 la desaceleración continuará
El Diario: From a projection of 4.8% growth, national authorities expect it to at least reach 3%, while international organizations estimate that it will be in the order of 2% and the trend continues in 2024, as the Government drops to 3.71%. It falls in the current administration and the deceleration will continue in the…
Bolivian economy enters a slowdown again | Economía boliviana ingresa de nuevo a una desaceleración
El Diario: The lack of resources will be reflected in public investment The national economy once again entered a slowdown and estimates from international organizations show that the decline will continue until 2025, due to an adverse international context. The latest World Bank growth report lowered Bolivia’s projection to 1.9%, a similar figure was presented…
Bolivia gets new economy minister in pre-poll shake up
Agence-France Presse reports via Yahoo News: Bolivia’s interim President Jeanine Anez on Tuesday named former senator Oscar Ortiz as the Latin American country’s new economy minister, just two months before elections. Ortiz replaced Jose Luis Parada, who has been economy minister since Anez was sworn in last November after ex-president Evo Morales resigned. The government…
MORALES’S OUSTER LEAVES BOLIVIA’S ECONOMY IN PRECARIOUS POSITION
By John Manning, International Banker It’s been an eventful last few months for Bolivia, especially since October, when then-President Evo Morales, the country’s leader for more than 13 years, was forced from his position on the back of a disputed election. One of the most economically successful of Latin America’s new crop of leftist leaders who…
Bolivian Thoughts 