Antonio Saravia, Brujula Digital: Luis Arce’s speech this past Wednesday, November 8, confirms that the president lives on another planet. Nothing he said in his hour-long rant even remotely resembles the reality that Bolivians face every day. The president insists that “we are on the right track” when shortages, queues, lack of dollars, informality and…
Category: Economics
Arce does not mention the fall in reserves and confirms a slowdown in the economy | Arce no menciona la caída de reservas y confirma desaceleración de la economía
El Diario: In his management report LUIS ARCE CATACORA YESTERDAY DURING HIS INTERVENTION AT THE ALP. PHOTO: RRSS In his three-year speech, the President of the State, Luis Arce Catacora, avoided mentioning the fall in reserves and confirmed the slowdown of the economy, from 4.8% to 3%. Economists called the report half-truths. The report presented…
On the verge of bankruptcy – Bolivia – Al borde de la quiebra
El Diario: Bolivia is on the list of 21 countries on the verge of bankruptcy Data compiled by Bloomberg show that Bolivia is among the 21 countries on the brink of bankruptcy and some have already made the decision to renegotiate their debt. The rapid rise in Treasury yields has once again raised fears of…
Lack of information increases country risk level | Carencia de información eleva nivel de riesgo país
El Diario: Lack of economic information increases Bolivia’s country risk The lack of information on international reserves, of the Gross Domestic Product (GDP), added to the shortage of dollars generates distrust at the international level and causes an increase in the level of country risk. Meanwhile, the Government assures that Bolivia has positive economic indicators…
Parallel dollar, the new normal | Dólar paralelo, la nueva normalidad
Editorial, Los Tiempos: For the Government there is no shortage of dollars, only a “speculation” that has lasted seven months, although everything is now “normalizing.” At least those were the last statements to the press, last Saturday, by the Minister of Economy, Marcelo Montenegro. However, a report from this press media confirms what is “an…
Bonanza? The tale of filled restaurants | El cuento de los restaurantes llenos
Editorial, El Dia: The Bolivian economy faces a threat that cannot be ignored, much less disguised with the story that we are fine because the restaurants are full. We are talking about the overwhelming weight of public debt. The numbers are alarming and deserve responsible attention from the authorities. A recent study reveals that the…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 