By German Huanca, El Deber: 2024 closes as a year marked by a profound economic crisis, whose origin is closely tied to the current government’s economic policy decisions. The president, in his previous role as Minister of Finance, implemented controversial measures to finance the fiscal deficit. These included the irresponsible use of international reserves, a…
Category: Economics
Banking freeze continues due to failure to stabilize the dollar’s value | Corralito bancario continúa por no estabilizar el precio del dólar
By El Diario: Generates uncertainty and distress among savers A series of banking restrictions endorsed by state authorities has created a financial freeze that threatens to cause a disaster of significant proportions. In this context, Bolivians have witnessed increasingly limited access to their own funds over the past months. According to economists, the government lacks…
Inflation, dollar shortages, and fuel scarcity: the new face of Bolivia | Inflación, escasez de dólares y falta de combustible, la nueva cara de Bolivia
By Opinion: 2024 marked the end of the economic boom of the early millennium. The Bolivian currency depreciated, and gasoline and diesel are in short supply. An alleged coup worsened the situation. In a report last year, the World Bank highlighted Bolivia as one of the three economies with the best economic growth projections in…
The merits of Evo and Arce | Los méritos de Evo y Arce
By Carlos Toranzo Roca, Brújula Digital: They rose to power together, with Evo only adopting indigenous and socialist ideas at the last minute. Early in his campaign, those were not his main themes, as he came from a unionist logic more closely tied to revolutionary nationalism, which is his true heritage, as is the Popular…
Bolivia: Electronic payment methods | Medios electrónicos de pago
By Vision 360: More and more Bolivians are using electronic payment methods, with QR codes being the favorite, growing by more than 4,700%, according to the BCB. The application of a formula that combines technology with the development and adoption of innovations for electronic payment instruments and channels allows the national financial system and its…
ECLAC: Bolivia’s economy will grow 1.7% in 2024, half of the government’s forecast (3.71%) | Cepal: La economía boliviana crecerá 1,7% en 2024, la mitad de lo previsto por el Gobierno (3,71%)
By El Deber: Bolivia has become the third most inflationary economy in the region, after Argentina and Venezuela, with a cumulative inflation of 8.82% and an annual inflation rate of 9.51%. Twelve days before the end of 2024, the Economic Commission for Latin America and the Caribbean (ECLAC) published its latest regional economic report titled…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 