Armando Alvarez writes in Pagina Siete: 45,500 million dollars During 13 years of government, the current authorities have disposed of 45,500 million dollars. 37,500 million from income from gas exports, mainly thanks to the Hydrocarbons Law that was promulgated in May 2005 and not to the nationalization of the sector, as the government authorities maintain,…
Category: Business
This Bolivian Startup Wants Taxis to Deliver Cash in Areas Without ATMs
Patrick Kulp reports for AdWeek: The idea has already won a gold innovation award from El Ojo de Iberoamérica In a country with only around 40 ATMs for every 100,000 citizens, Ogilvy Bolivia is taking a page from Uber’s playbook to make cash more available on the go. The agency is forming an ambitious financial-tech…
New Bolivian millionaires?! out of public funds?! That is nothing more than pure corruption!
Angelica Siles writes in El Diario, picture from the internet: Investigation of new millionaires Art. 229 of the Political Constitution of the State (CPE) states: “The Attorney General of the State is the institution of public legal representation that has as its attribution to promote, defend and protect the interests of the State. Its organization…
Construction sector registers its lowest growth in 13 years
Juan Carlos Salinas reports for El Deber: In 2018 the Gross Domestic Product of the sector closed at 3.54%, according to the INE. In 2007 there was the highest growth with 14.35%. For analysts, it is the effect of deceleration. For the first time, in 13 years (2006-2018), the performance of the construction sector recorded…
On a more likely presidential election fraud: under evo the perspective of the economy, which went from “stable” to “negative” and is “uncertain” beyond 2019
Fitch reports, for Spanish use Pagina Siete’s last bottom link: Fitch Revises Bolivia’s Outlook to Negative; Affirms IDR at ‘BB-‘ Fitch Ratings – New York – 20 June 2019: Fitch Ratings has affirmed Bolivia’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘BB-‘ and revised its Outlook to Negative from Stable. KEY RATING DRIVERS The…
Fracking in the Bolivian jungle
Stefan Cramer writes in the Ecologist: Bolivian farmers have been resisting gas exploration in the invaluable Tariquía National Reserve – but they need international support. Bolivian president Evo Morales was inaugurated in 2006 as the first indigenous person to be sworn in as a president of a sovereign nation. Since then, he has shown extraordinary…
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