By María Trigo, Eju.tv: Internal tensions, shifts in foreign policy and postponed economic adjustments: this was the first month of Rodrigo Paz’s government in Bolivia The beginning of the administration showed a radical change in international relations and a feeling of economic stability without addressing structural reforms. However, internal conflicts dominated the agenda. The president…
Category: Economics
Energy Transition or Energy Diversification? | ¿Transición o diversificación energética?
By Francesco Zaratti: Given the magnitude of the disaster left behind by the “gasiferous oceanographers,” it is an obligation to support the management of the new authorities in the energy sector. These are colleagues recognized for their honesty and professionalism, and admired for having placed service to the country above their first. They have been…
Atypical gold operations found and only 2.3 tons remain in vaults | Hallan operaciones atípicas con oro y en bóvedas solo hay 2.3 toneladas
By Opinion: CENTRAL BANK OF BOLIVIA DENOUNCES IRREGULARITIES Regarding the dollar, the head of the BCB announced his commitment to move the exchange-rate regime toward a more flexible one, considering that the fixed exchange rate has been harmful. The president of the Central Bank of Bolivia (BCB), David Espinoza, reported this Thursday that there are…
Keeping fuel subsidies will generate more shortages | Mantener la subvención a los combustibles generará más desabastecimiento
By Unitel: Former Hydrocarbons Minister: “The country cannot afford to import $3 billion annually and then subsidize fuel that, on top of everything, ends up going across our borders,” Álvaro Ríos said. Ríos stated that “Bolivia has no choice but to remove subsidies” Former Hydrocarbons Minister Álvaro Ríos warned that maintaining fuel subsidies will lead…
“With proper measures, the dollar could fall to Bs 8” | “Con medidas adecuadas, el dólar podría bajar a Bs 8”
By Stefany Guzmán, Red Uno, Eju,tv: Former BCB Director: According to Banegas, restoring the flow of dollars and returning deposits to savers will help bring the exchange rate closer to more balanced levels, reducing the gap with parallel markets. The Central Bank of Bolivia (BCB) issued a statement announcing a reference value for the U.S….
Dollar reference aims for transparency, not devaluation | Valor referencial busca transparencia, no devaluación
By Unitel: The reference value of the dollar does not imply a devaluation or a new exchange rate, says economist After the BCB’s announcement about the daily publication of the reference value of the dollar, Gonzalo Chávez considered that it may be a sign of a gradual transition toward a new official market or a…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 