The price of the dollar is rising, causing global distress, so economists warn that this situation will increase external debt and imports for several countries, including Bolivia. Currently, according to the finance specialized site Bloomberg Line, countries burdened with external debt remain at risk, with Maldives and Bolivia particularly vulnerable if the strength of the…
Tag: exchange rates
The need for dollars and camouflage in works | La necesidad de dólares y el camuflaje en obras
Germán Huanca Luna, Urgente.bo: We repeat, the Social Community Productive Economic Model of the MAS does not work. The government takes advantage of the ignorance in economic matters of the social organizations and uses political blackmail for the approval of credits. Although the origin of the economic crisis and the lack of dollars has been…
Social bonds must be eliminated | Los bonos sociales deben eliminarse
Antonio Saravia, El Deber: The state spent over a billion dollars in 2023 financing five social bonds: the Dignity Income, the Juana Azurduy bond, the universal prenatal bond, the Juancito Pinto bond, and the bond for severely disabled people. Of these, the one requiring the most disbursements was the Dignity Income, costing $922 million, which…
The selling price of the dollar remains at 8.40 bolivianos | Precio de venta del dólar se mantiene en 8,40 bolivianos
Brujula Digital, El diario: The US currency is still scarce The scarcity of dollars persists in the city of La Paz, while its price in the parallel market remains at 8.40 bolivianos, despite the agreement reached three weeks ago between the government and private businesses to stabilize the US currency in the country. Brújula Digital…
Lack of dollars, an offense to common sense | Falta de dólares, una ofensa al sentido común
Editorial, El Deber: The dollar and the economy There is no doubt that the year 1985 marks a profound turning point in Bolivia’s political and economic history for several reasons. The country needed to emerge from a whirlwind of hyperinflation and ungovernability that marked the three stormy years of the government of the Popular Democratic…
Bolivia’s Socialist Rulers Mend Ties With Capitalists in a Nation on the Brink | Los líderes socialistas de Bolivia restablecen lazos con capitalistas en una nación al borde del abismo
Marcelo Rochabrun, Sergio Mendoza and Zijia Song, Bloomberg, Finance, Yahoo: (Bloomberg) — Bolivia’s socialist government is mending ties with business leaders it once snubbed as it grapples to prevent a dollar shortage from crashing the economy. Finance Ministry and other government officials met last week with representatives from sectors including finance, manufacturing, construction and pharmaceuticals,…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 