By El Diario, Eju.tv: The exchange rate for the dollar in the parallel market exceeds 10 bolivianos due to high demand, as it has become difficult to obtain at the official rate. Since the government of the Movement for Socialism (MAS) established a fixed exchange rate in 2011—6.86 for buying and 6.96 for selling—it made…
Tag: demagogue
Plurinational State in Terminal Crisis | Estado Plurinacional en crisis terminal
Editorial, El Diario: The Plurinational State—which the MAS (Movement for Socialism) attempted to establish in 2009 with the first Constitution approved by referendum—led by the “country’s first indigenous president,” has completed its historical cycle by destroying the very creation it set out to build. Officially born on January 22, 2010, the Plurinational State will soon…
The Negative Legacy of National-Popular Ideology | La herencia negativa de lo nacional-popular
By H. C. F. Mansilla, Brújula Digital: Being generous, we can estimate that about 10,000 people read Brújula Digital and similar newspapers daily. Stretching generosity further, perhaps 100,000 readers across the country share the core ideas these media outlets propagate. This is less than 1% of Bolivia’s population of over 11 million. Though seemingly insignificant, this figure…
What does 2024 leave us? | ¿Qué nos deja el 2024?
By German Huanca, El Deber: 2024 closes as a year marked by a profound economic crisis, whose origin is closely tied to the current government’s economic policy decisions. The president, in his previous role as Minister of Finance, implemented controversial measures to finance the fiscal deficit. These included the irresponsible use of international reserves, a…
Banking freeze continues due to failure to stabilize the dollar’s value | Corralito bancario continúa por no estabilizar el precio del dólar
By El Diario: Generates uncertainty and distress among savers A series of banking restrictions endorsed by state authorities has created a financial freeze that threatens to cause a disaster of significant proportions. In this context, Bolivians have witnessed increasingly limited access to their own funds over the past months. According to economists, the government lacks…
Inflation, dollar shortages, and fuel scarcity: the new face of Bolivia | Inflación, escasez de dólares y falta de combustible, la nueva cara de Bolivia
By Opinion: 2024 marked the end of the economic boom of the early millennium. The Bolivian currency depreciated, and gasoline and diesel are in short supply. An alleged coup worsened the situation. In a report last year, the World Bank highlighted Bolivia as one of the three economies with the best economic growth projections in…
