This pie chart is from a very interesting paper made by the Jubileo Foundation, based on 2011 figures which certainly reflects prior years’ priorities and also where this government is leading us… Total budget is distributed as follows: Central government takes 53%; municipalities 19%; decentralized institutions take 12%; Department Governments 9% and state universities 7%….
Category: Mining
Potosi: Cerro Rico awaits funding for its protection
The website http://www.hoybolivia.com reports about Potosi and one of our most important emblems: The Deputy Minister for productive development mining, Freddy Beltrán, reported that the Government was awaiting an economic contribution from Unesco, to start the full rehabilitation of the cusp of the Cerro Rico in the Potosí Department. “Is hoping that Unesco can contribute…
Bolivian export figures, IBCE
Thanks to the work of the Bolivian Institute for Foreign Trade IBCE, there is a comparison of Bolivian exports by production groups; for the months January to October, for years 2008 to 2011. By volume in gross kilograms and by value in American dollars: IBCE Electronic By-weekly Bulletin No. 85, December 5, 2011 The…
December Econ 101: An alert that State intervention is ‘expensive’
A very informative report news, extremely useful economic analysis of current Bolivian government performance. Written by Carla Paz Vargas for El Deber, December 3, 2011: The blackouts, the importation of food, the restriction of exports, the increase in the subsidy to fuel, lack of jobs and the collapse of foreign investment, among other things, are…
A good recall of events since the time of zero coca crops in Bolivia
An excellent article written by Humberto Vacaflor Ganam, directly from his Facebook page: The Soul of the Bolivians Eleven years ago, in December 2000, President Hugo Banzer was attending a conference organized by the United Nations in Palermo, Sicily. He had been summoned to receive the recognition from the international community for having finished with the…
Potosi: 201 years of freedom!!
Today is a very special day, Potosi celebrates 201 years of freedom, since the time it started its independence quest from Spaniard rule. When I was a child, I used to hear the following: “Potosi had electricity long before Paris” “Potosi was twice the size of New York” and so on… there is even a…
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