By Brujula Digital: Government decides to repeal four taxes, including those on large fortunes and financial transfers In addition, taxes on gambling and corporate promotions will be annulled. “These four taxes do not represent more than 1% of tax revenue,” said the Minister of Economy. President Paz and the Minister of Economy at this morning’s…
Category: Economics
Pact for the Economy | Pacto por la Economía
By El Deber: Minister of Economy Proposes “National Agreement” for the Economy Minister of Economy José Gabriel Espinoza Minister Espinoza believes that the public sector is facing a widespread liquidity crisis. The country has lost technical human capital, eroded regulatory institutions, and allowed strategic projects to age without generating replacements. “Bolivia needs a basic economic…
Bolivia is Dying on Us Again: How to Export (II) | Bolivia se nos vuelve a morir: cómo exportar (II)
By Oscar Antezana, El Día: The previous article clearly set out the need — the “why” — to urgently increase exports. Let us now look at some elements of the “how.” “An export-led growth strategy must be designed and executed considering that it is companies that have to respond to economic policies and/or market signals” (The Magic of…
Bolivia is dying on us again: why export | Bolivia se nos vuelve a morir: por qué exportar
By Oscar Antezana, El Día: Under current economic conditions —highly indebted, short on dollars, with reduced gas exports yet an urgent need to generate foreign currency— it is imperative and urgent to increase and diversify exports. Otherwise, just like 40 years ago, when former President Víctor Paz Estenssoro coined the historic phrase “Bolivia is dying…
The shift in the economic model begins to benefit the country | Cambio de modelo económico comienza a favorecer al país
By El Diario: The change of government and economic model after nearly 20 years has improved Bolivia’s economic indicators, according to analyst and former president of the Tarija College of Economists, Fernando Romero. The new government of Rodrigo Paz Pereira has sent positive, concrete signals of a pragmatic State willing to work with the private…
End of the Fixed Dollar and the Shock Ahead | Fin del Dólar Fijo y el Shock que Viene
By Raul Domínguez, El Deber: Fixed exchange rate reached 14 years; its reduction is announced but an ‘inevitable shock’ is foreseen The U.S. dollar brushed Bs 20 this past May. There is expectation about the Government’s measures | Ricardo Montero Some sectors view with relief the announcement of the end of the fixed exchange rate…
