Andres Gomez writes in Pagina Siete: Do we save lives or do we save the economy? I fear that in a few more days we Bolivians will have to discuss an ethical dilemma: are we still in quarantine to save lives and kill the economy, or are we leaving quarantine to save the economy and…
Category: Economics
International Reserves fall to $5,921 million – Reservas Internacionales caen a $us5.921 millones
ANF reports for Los Tiempos: Bolivia’s International Reserves fall to $5,921 million, the lowest amount since 2008 The country’s Net International Reserves (RIN) fell to 5,921 million dollars, as of March 20 of this administration, according to the report of the Central Bank of Bolivia (BCB). The RIN have suffered a sustained decline since the…
Industry requests decree to finance via the Stock Exchange – Industria solicita decreto para financiarse vía Bolsa de Valores
El Diario reports: Industry requests decree to finance via Stock Exchange The president of the Departmental Chamber of Industries of La Paz (Cadinpaz), Raúl Crespo, pointed out that companies that finance themselves through the Bolivian Stock Exchange (issuers of securities and/or bonds) urgently require the National Government to approve a Supreme Decree against the Coronavirus…
Business deficit originated in 14 years – Déficit empresarial originado en 14 años
Editorial from El Diario: Business deficit originated in 14 years In the 14 years of government of Evo Morales and Álvaro García Linera, Bolivia contracted a growing external debt of 11 billion dollars and is 26% of the Gross Domestic Product. The fiscal deficit is 28%, undoubtedly the highest in the country’s economic history due…
MORALES’S OUSTER LEAVES BOLIVIA’S ECONOMY IN PRECARIOUS POSITION
By John Manning, International Banker It’s been an eventful last few months for Bolivia, especially since October, when then-President Evo Morales, the country’s leader for more than 13 years, was forced from his position on the back of a disputed election. One of the most economically successful of Latin America’s new crop of leftist leaders who…
War: unity, resilience and creativity – Guerra: unidad, resiliencia y creatividad
Gonzalo Chavez writes in Pagina Siete: War: unity, resilience and creativity A major economic crisis is looming. Black clouds loaded with rays of instability are approaching from the external front. The coronavirus stops the national and world economy in its tracks. The forecast: sharp slowdown in the Bolivian economy and even recession. In domestic politics,…
