By El Diario: The currency is above Bs 11 Parallel exchange rates emerge due to the Central Bank of Bolivia’s (BCB) inability to implement an effective exchange rate policy caused by a lack of reserves. As a result, most economic transactions are conducted using the dollar quoted in the parallel market, which remains above 11…
Category: Economics
Skepticism About Unity | El escepticismo sobre la unidad
By Carlos Toranzo Roca, Brujula Digital: I believe that we Bolivians, especially those from the western region, are closer to pessimism than optimism. However, both in the east and among the Collas, we share skepticism about politics and what politicians do. The conduct of most of them, for decades, has led Bolivians to distrust their…
An indicator of market confidence in a country’s ability to manage its economy | Indicador de la confianza que el mercado tiene en la capacidad de un país para manejar su economía
Editorial, El Deber: Fitch Ratings and the Lack of Transparency in Bolivia Fitch Ratings’ recent downgrade of Bolivia’s credit rating to “CCC-” has raised concerns about the country’s economic health. This decision, which signals increased risk for investors and financial institutions, highlights the urgent need for corrective measures in the government’s economic and fiscal policies….
National strike on Feb 10, to repeal the seventh provision on seizures in the Financial Law | Paro nacional el 10 de feb, para derogar la disposición séptima sobre decomisos de la Ley Financial
By Unitel, Eju.tv: Economic sectors confirm 24-hour national strike on February 10 in rejection of seizure provision The decision was made this Thursday after a national meeting in Sucre, in rejection of the transitional provision of the Financial Law, demanding its repeal. Shortly after noon this Thursday, economic sectors confirmed that on February 10 they…
The light is about to go out, and the economy is about to grind to a halt | Se está por apagar la luz y paralizar la economía
By Higinio Flores Alcazar, El Diario: Stopping gas exports to use it in the domestic market is neither a crazy nor rushed idea The time of “lean cows” has arrived after two decades of “living off grandma’s inheritance.” From being exporters of natural gas, we are one step away from becoming importers of the same…
Fitch rebaja la calificación crediticia de Bolivia | Fitch downgrades Bolivia’s credit rating
Por MercoPress: La agencia internacional Fitch Ratings rebajó este viernes la calificación de Bolivia a “CCC-” y advirtió que se necesitan medidas correctivas urgentes para evitar un deterioro mayor. Al emitir su evaluación, Fitch consideró la falta de disponibilidad de divisas y las deficientes políticas económicas y fiscales del país. La nueva calificación implica un…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 