It is urgent to reduce public spending and close unprofitable companies | Urge reducir gasto público y cerrar empresas deficitarias

El Diario: Crisis may worsen Following negative ratings from institutions and international organizations for Bolivia, the current government administration must meet a series of challenges to improve the country’s credit image. Economists suggest that reducing public spending, closing loss-making state-owned companies, and shutting down ministries are tasks the current administration must undertake; otherwise, the economic…

Bolivians believe the dollar shortage is causing the crisis and that subsidies should be eliminated | Los bolivianos creen que la falta de dólares causa la crisis y que se debe eliminar la subvención

By Marco Antonio Belmonte, Vision 360: Ipsos Ciesmori Data 84% of those surveyed reported having difficulties obtaining dollars. Regarding fuel subsidies, 56% support the elimination of these subsidies, according to the Ipsos Ciesmori poll. BCB decided last year to sell dollars directly. Photo: ABI The lack of dollars is perceived as the factor most affecting…

MAS/evo: Point of No Return | Punto de no retorno

Editorial, El Dia: When the country shouted in 2019 that they never wanted Evo in power again, no one could have ever imagined the outcome of that collective desire or how far it would go. During one of those 21 nights of vigils awaiting the resignation of the coca grower, Luis Fernando Camacho claimed to…

They warn that the national currency has lost value against the dollar by between 40% and 70% | Advierten que la moneda nacional perdió valor frente al dólar entre 40% y 70%

By Marco Antonio Belmonte, Vision 360: External Analysis S&P Global Ratings warns that limited access to external financing and the challenges faced by the private sector in accessing foreign currency at the official exchange rate have led to depreciation in currency exchange markets. The Bolivian currency loses value against the dollar in the parallel market,…