Bolivia’s poor fiscal budget execution during 2010

As you can see in Pagina Siete’s report (Aug 25, 2011), Bolivian public sector lack of expenditures is growing over the years, as the red columns show for 2008 to 2010. The chart above that graph lists: central government (36.6%), departmental governments (20.7%), municipalities (30.6%) and other public institutions (percentages in parenthesis represent current budget execution). Between 2008…

Bolivian TIPNIS protest walk, avatar and cell phones…

This cartoon portrays the protest walk of the TIPNIS indigenous people, La Prensa, August 25, 2011. The “government” says: “beware, almost all of them are heavily armed with cell phones!!” in reference to the phone calls that the government said took place between some of those marching leaders and officials of the US Embassy in…

Standard & Poor’s gave Bolivia a B, B+ grade, BUT…

Standard & Poor’s qualified the perspectives for Bolivia as “positive” and had given a B+ and a B, which are highly dependent on expected investments in the mining and gas sectors, as also on future “political tensions”, according to ANF. Standard & Poor’s warns that “if political tensions were to resurrect and would cause economic uncertainty,…

Only 50% of the wood Bolivian industry is legal…

New forestry regulations stipulate that all timber producers need to certify the wood they extract from the forest. So far, only 50% of the 1,300 companies in the timber business have their Origin Forestry Certificates (CEFO). Deadline to obtain this certificate was this Monday, August 22, 2011. Now, the Forest and Territory Authority (ABT) has to…

Bolivia accuses USA of violating Vienna Convention, art 41

Los Tiempos reports in its website at 18:50, August 23, 2011: Bolivia accuses USA of violating Vienna Convention, art 41. Minister Carlos Romero is said to express Bolivia’s “malaise and profound preoccupation” because some American Embassy officials have contacted over the phone indigenous leaders who are participating in the TIPNIS protest walk. http://www.lostiempos.com/diario/actualidad/economia/20110823/gobierno-acusa-a-la-embajada-de-eeuu-de-vulnerar-articulo-41-de-la_138906_284485.html Article 41 of…

Bolivian government accuses some TIPNIS leaders…

Today the Minister of the Presidency, Carlos Romero accused some TIPNIS leaders for “land and wood trafficking.” As reported by Los Tiempos in its website at 14:21 hours today. In his analysis, Romero believes that it is because of those issues that some leaders do not want to engage in full dialogue with the government….