By Ernesto Estremadoiro, El Deber: Jubileo Foundation warns of hidden poverty and structural crisis: “Bs 100 is no longer enough to buy food” The Bolivian peso continues to lose value Economist Carla Cordero warns that Bolivia is facing a multidimensional crisis that erodes families’ purchasing power, with food inflation surpassing 20% and state measures proving…
Category: Social Unrest
The parallel dollar sells for under Bs16, the lowest rate since May | El dólar paralelo se vende por debajo de los Bs16, la cotización más baja desde mayo
By Agencia EFE, Unitel: The parallel dollar, both on the street and in digital wallets where it is traded as a crypto asset, dropped at the end of June [Reference photo] / The exchange rate on virtual markets was highly variable this month The parallel dollar registered its lowest value since May at the start…
Boliviano devaluation reaches 137% against the dollar | Devaluación del boliviano es de 137% respecto al dólar
By El Diario: The boliviano is facing its highest exchange rate pressure in over a decade, as the value of the U.S. dollar in the parallel market surges, creating an unprecedented gap with the official exchange rate. Although the Central Bank of Bolivia (BCB) maintains the official rate at 6.96 bolivianos per dollar, on the…
Fiscal pact urged due to falling gas revenue | Urge un pacto fiscal por caída de ingresos de la renta del gas
By El Diario: Affected Departments In light of the decline in revenue from natural gas sales to Brazil and the termination of the contract with Argentina, the economic situation of the departmental governments is deteriorating, as about 95% of their budgets rely on royalties. Therefore, a fiscal pact is being proposed to revise the revenue…
Crisis has not stopped and tends to worsen | Crisis no se ha detenido y tiende a agudizarse
By El Diario: Analyst warns Echoing opinions that view recent statements by President Luis Arce Catacora as a confession of the country’s delicate economic state, analyst and university professor Julio Alvarado stated that the president contradicts himself by denying the crisis while acknowledging uncertainty over the internal fuel supply, a situation that only points to…
IATA: Bolivia Fuel Crisis Hits Flights | Vuelos en Riesgo por Combustible
By Fernando Chávez, Visión 360: IATA denounces Bolivian government over fuel shortage and warns air operations are at risk “If the regular supply of fuel is not restored immediately, airlines could be forced to cancel their services,” the organization warns. An airplane at an airport terminal in an archive image. Photo: LOG.co The International Air…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 