By German Huanca, Publico.bo: President Arce recently distanced himself from responsibility for economic decisions in Bolivia with the following statement: “They always say, ‘Ah, but you were Minister of Economy.’ Yes, but I wasn’t Minister of Hydrocarbons.” With this, he suggests that he wasn’t really an Economy Minister but rather limited his role to recording…
Category: Economics
Imposing a commission on card use abroad | Imponen una comisión por el uso de tarjetas en el extranjero
By Erika Ibáñez, https://www.la-razon.com; Eju.tv: Economist: Multiple exchange rates exist in Bolivia, now the ‘card dollar’ emerges The president of the College of Economists of Tarija told La Razón that with the new ASFI regulation imposing a commission on card use abroad, the government is acknowledging that the official rate is merely referential. In Bolivia,…
Gov did not address the core issues | Gob no atacó temas centrales
By Unitel: Economist Chávez: “Meeting convened by the government was merely symbolic, it did not address the core issues” For economist Gonzalo Chávez, the 12 agreed-upon points only reaffirm what the laws already state, but there is no additional element to resolve the crisis the country is facing For Chávez, the 12 points amount to…
Bankrupt Country | País quebrado
By Carlos Toranzo Roca, Brújula Digital: They began with rhetoric about transparency and the advent of the “new man.” However, within months—amid an assassination—Santos Ramírez, MAS’s second-in-command, fell due to corruption. Soon after, the murders of police officers in Chapare were covered up, with Evo’s girlfriend, Margarita Terán, as one of the instigators. From the…
Arce could solve these problems, but he refuses to do so. Why? | Arce podría resolver estos problemas, pero no quiere hacerlo. ¿Por qué?
Editorial, El Dia: Arce’s Final Days Everyone is wondering what the last months of Luis Arce’s government will look like. The economic crisis, marked by a shortage of dollars and fuel, seems to have no solution. What is most alarming is that he could solve these problems, but he refuses to do so. Why? The…
The dollar soars to 12.80 for sale and 12 for purchase | El dólar se dispara a 12,80 para la venta y 12 para la compra
By Brújula Digital: The dollar soars to 12.80 for sale and 12 for purchase; ASFI conducts inspections The price of the dollar in the parallel market surged to 12.80 bolivianos for sale and 12 bolivianos for purchase. On Friday afternoon, personnel from the Financial System Supervision and Control Authority (ASFI) conducted inspections on Colón Street…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 