By Matthew Bristow and Sergio Mendoza, Bloomberg, Yahoo News: Bolivia’s Boom Has Turned to Bust, Fueling an Unlikely Presidential Comeback Bid (Bloomberg) — In the thin air of El Alto, just below the Andean snowline, shoppers hunt for bargains at stalls selling cheap shoes, school books, cookware or counterfeit clothing. Signs of Bolivia’s emerging financial…
Category: Business
Crisis reflected in the Bolivian economy is not temporary | Crisis reflejada en economía boliviana no es transitoria
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…
The salary negotiation and reality | La negociación salarial y la realidad
Editorial, El Deber: The Bolivian Labor Confederation and the Government are in full negotiation over salary increases. The labor union is asking for an eight percent increase in the basic salary and a seven percent increase in the national minimum wage. This aspiration is completely detached from reality, reflecting a trend towards tightening belts in…
Economic slowdown demands concerted adjustment measures | Desaceleración económica exige medidas de ajuste concertadas
By Antonio Rocha, El Deber: Given the situation in the current year’s first quarter, with higher year-on-year inflation accumulated by March, the persistent decline in national exports, reduced imports due to the absence of competitive currency and payment methods, coupled with shortages of fuel and inputs for industry and agriculture, I believe we must fasten…
Bolivia is currently ranked 20th in economic growth | Bolivia en puesto 20 de crecimiento económico
El Diario: Bolivia ranks 20th out of 28 countries in the region, with a projected growth of 1.4%, which is below the growth of Latin America and the Caribbean (LAC) and the regional average of 3.72%, according to the latest report from the World Bank. Luis Fernando Romero Torrejón, the president of the Departmental College…
Deficit of 7.5% since 2014 | Déficit de 7,5% desde 2014
By Brújula Digital: Economists to Arce: the country has been carrying a deficit of 7.5% since 2014 and YPFB no longer exports $6.6 billion A rural family. Photo: Social Media President Luis Arce asserted on Monday that “Bolivia is not in crisis” and stated that “we are experiencing economic sabotage.” Economic analysts reminded him that…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 