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…
Tag: exchange rates
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…
Market vendors announce march over dollar shortage for this Monday | Gremiales anuncian marcha por la escasez de dólares para este lunes
By Alejandra Hinojosa Eju.tv: The leader from El Alto stated they will ask the government to facilitate the extension of deadlines for paying their bank loans. The Confederation of Market Vendors of Bolivia announced mobilizations for tomorrow in the city of La Paz due to the dollar shortage and the economic crisis the country is facing….
Loan request shows Government’s inability to ease dollar crisis | Solicitud de préstamos muestra incapacidad del Gobierno para aliviar crisis de dólares
Analyst sees loan request agreement as evidence that the Government lacks the ability to alleviate the dollar crisis The business sector and the Government signed 17 points to address the dollar shortage crisis. Photo: APG On Friday, after a meeting with business leaders, the government of Luis Arce announced an agreement to seek new external…
Dollar shortage hampers hotels’ ability to pay booking platforms | Falta de dólares dificulta a hoteles pagar plataformas de reservas
Por Hortencia Rivera, Eju.tv: Due to the lack of dollars, hotels are having trouble paying the platforms where foreigners make reservations Hoteliers explain that they must pay bills in dollars every month. They warn that a significant portion of tourists book through these platforms. The shortage of dollars in the country is complicating various sectors, including…
Industrialists reveal that they buy dollars at the parallel market rate to maintain production in Bolivia | Industriales revelan que compran dólares a costo del mercado paralelo para mantener la producción en Bolivia
By Juan Carlos Véliz, Eju.tv: “Normally we had 30 or 60 days to pay (the suppliers abroad), but due to the delays that have been occurring since last year, they now pay and can collect the merchandise,” said the president of the CNI. Bolivian industrialists face a complex situation for importing goods due to the dollar…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 