El Diario: Alert from Economists Food inflation as of August is close to 7%, but it had already reached 6% in the first half of the year, and the situation could worsen due to the climate of conflict. National authorities have indicated that marches and blockades will impact the prices of agricultural products. The International…
Tag: exchange rates
Exporting does not mean that there will be dollars! | ¡Exportar no significa que habrá dólares!
El Periodico, Eju.tv: For Caincotar, Bolivia’s exports will not solve the dollar shortage problem Foreign trade revenues are minimal, and the conflict over the lack of U.S. dollars requires long-term policies, stated the president, Marina Ruiz. The country’s exports will not solve the problem of the dollar shortage, which requires long-term policies from the national…
The banking sector “Bolivianizes” amid the dollar shortage | La banca se “bolivianiza” ante la escasez de dólares
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…
Limitations on online purchases | Limitaciones en compras por internet
By Erbol.com.bo, Eju.tv: Foundation warns of recession in the digital economy due to limitations on online purchases ASKS ASFI TO BE TRANSPARENT The Internet Bolivia Foundation, through its digital economy officer, Hugo Miranda, explained the problems faced by people who work with transactions abroad in dollars, due to the restrictions imposed by banks on online…
Textile workers: “We are not producing; we are at zero; all the workshops have stopped” | Textileros: “No estamos produciendo, estamos cero, todos los talleres han parado”
By Omar Pereyra, Eju.tv: Héctor Arratia, a textile worker, reported that they are no longer making clothing because the cost of raw materials has increased by 50%, affecting around a thousand workers. He also mentioned the government’s failure to conduct inspections where the fabric is sold. “Unfortunately, since the price of fabric increased, we are…
Agreements that do not solve the crisis | Acuerdos que no resuelven la crisis
By German Huanca Luna, Urgente.bo: The proposals put forward in meetings with the business sector and previously with mayors and governors will not solve Bolivia’s economic crisis. These are agreements that lead nowhere, and the government is not taking responsibility for implementing economic measures to address the root of the problem. The current economic crisis…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 