By Gregory Beltrán, La Prensa; Luz Mendoza, Eju.tv: The Association of Private Banks of Bolivia (Asoban) presented the balance for the first half of the year, confirming that deposits in the national currency reached 90.8 percent. If a person tries to open a savings account in dollars or wants to buy foreign currency, the response…
Category: Economics
Bolivia está cerca de la estanflación | Bolivia is close to stagflation
El Diario: After reaching a statistical growth of 6.11% in 2021, it dropped to 3.61% in 2022 and to 3.08% in 2023. The Bolivian economy has once again entered a slowdown, placing Bolivia close to stagflation, according to economist Gonzalo Chávez. The lack of dollars and fuel, especially diesel, is slowing down the productive activity…
Luis Arce faces at least three fronts of conflict | Luis Arce afronta al menos tres frentes de conflicto
By Juan Carlos Véliz, Eju.tv: Luis Arce faces at least three fronts of conflict, according to political analysts Santa Cruz announced a civic strike today against the results of the National Population and Housing Census, and Evo Morales announced a march from Caracollo to La Paz for September 17. President Luis Arce may face the most…
Intermediaries double profits at the expense of producers and consumers | Intermediarios doblan ganancias a costa de productores y consumidores
By Leny Chuquimia, Vision 360: In the midst of the crisis Producers explain that the crisis has increased production costs, but not to the extent seen in the markets. They are calling for channels to reach the population directly. Producers and consumers, the most affected by speculation. Photo: Leny Chuquimia / Visión 360 Between one…
Limited citizens’ access to their own savings | Limitando el acceso de los ciudadanos a sus propios ahorros
Editorial, El Dia: Bolivian “Corralito” In 2001, Argentina experienced one of the darkest moments in its economic history: the “corralito” banking crisis. This measure, which limited citizens’ access to their own savings, triggered a crisis that left deep scars on Argentine society and its economy. Today, more than two decades after that catastrophe, Bolivia seems…
MAS: Gang of corrupt, inept, and racist individuals who have lost their direction | Juntucha de corruptos, ineptos y racistas que ha perdido el horizonte
By Renzo Abruzzese, El Deber: In Freefall Public perception is unanimous: the country is at its worst. The economic crisis, governmental ineptitude, political unrest, and a deep sense that the paths Bolivia had built throughout its republican history are now obliterated, all combine to cast a shadow over the national spirit. It seems the failed…
