ANF reports for Los Tiempos: Bolivia’s International Reserves fall to $5,921 million, the lowest amount since 2008 The country’s Net International Reserves (RIN) fell to 5,921 million dollars, as of March 20 of this administration, according to the report of the Central Bank of Bolivia (BCB). The RIN have suffered a sustained decline since the…
Tag: competitiveness
Industry requests decree to finance via the Stock Exchange – Industria solicita decreto para financiarse vía Bolsa de Valores
El Diario reports: Industry requests decree to finance via Stock Exchange The president of the Departmental Chamber of Industries of La Paz (Cadinpaz), Raúl Crespo, pointed out that companies that finance themselves through the Bolivian Stock Exchange (issuers of securities and/or bonds) urgently require the National Government to approve a Supreme Decree against the Coronavirus…
CAN countries resolved to eliminate international roaming – Países de la CAN resolvieron eliminar el roaming internacional
El Diario reports: CAN countries resolved to eliminate international roaming The Vice Minister of Foreign Trade and Integration, Claribel Aparicio, informed that the member countries of the Andean Community of Nations (CAN) decided to eliminate international roaming (aggregate costs of international traffic) in the framework of interconnectivity, digital technology integration and telecommunications. “This is highly…
evo’s legacy: had 52 now 12 international air routes – Legado de evo: de 52 a 12 rutas aéreas internacionales
La Prensa reports: Bolivia lost 12 international air routes [sic] In the 14 years of the Evo Morales government, Bolivia went from having 52 international routes to just 12, he told the digital newspaper Urgente.bo, the Minister of Public Works, Services and Social Housing, Iván Arias. “Instead of competing and expanding in the sector market,…
It is urgent to make a turn in the energy matrix – Urge dar un giro a la matriz energética
Ismael Luna reports in El Dia: It is urgent to make a turn in the energy matrix Note. The need to do so arises from the analysis that the country is increasingly dependent on the importation of liquid fuels: diesel and gasoline In a historical context of the last 14 years of scarce hydrocarbon exploration,…
Bolivia needs to adjust the exchange rate to the dollar, soon!
Matthew Bristow reports for Bloomberg: Fitch Says Bolivia Reserves Are No Longer Enough for FX Peg Bolivia has depleted its “war chest” of international reserves to the point that it no longer has enough dollars to defend the nation’s fixed exchange rate, according to Fitch Ratings. Fitch in November downgraded the Andean country to B+,…
