An Editorial from El Diario, graph below is from Pagina Siete: There should be serious concern in the economic authorities for the fact that our country has, ostensibly, surpassed the amount of the fiscal deficit that implies -8.1 percent, followed by Brazil with -7.1 percent; Argentina with -5 percent and Uruguay and Colombia reach a…
Tag: government failures
Bolivian Treasury 101: 45,500 million dollars after and … WTH?!
Armando Alvarez writes in Pagina Siete: 45,500 million dollars During 13 years of government, the current authorities have disposed of 45,500 million dollars. 37,500 million from income from gas exports, mainly thanks to the Hydrocarbons Law that was promulgated in May 2005 and not to the nationalization of the sector, as the government authorities maintain,…
New Bolivian millionaires?! out of public funds?! That is nothing more than pure corruption!
Angelica Siles writes in El Diario, picture from the internet: Investigation of new millionaires Art. 229 of the Political Constitution of the State (CPE) states: “The Attorney General of the State is the institution of public legal representation that has as its attribution to promote, defend and protect the interests of the State. Its organization…
Construction sector registers its lowest growth in 13 years
Juan Carlos Salinas reports for El Deber: In 2018 the Gross Domestic Product of the sector closed at 3.54%, according to the INE. In 2007 there was the highest growth with 14.35%. For analysts, it is the effect of deceleration. For the first time, in 13 years (2006-2018), the performance of the construction sector recorded…
On a more likely presidential election fraud: under evo the perspective of the economy, which went from “stable” to “negative” and is “uncertain” beyond 2019
Fitch reports, for Spanish use Pagina Siete’s last bottom link: Fitch Revises Bolivia’s Outlook to Negative; Affirms IDR at ‘BB-‘ Fitch Ratings – New York – 20 June 2019: Fitch Ratings has affirmed Bolivia’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘BB-‘ and revised its Outlook to Negative from Stable. KEY RATING DRIVERS The…
Bolivia lost 18.7 million hectares of its Amazon forest in 13 years
Berthy Vaca reports for El Deber: The damage is revealed by a report called Amazonia at the crossroads, which looks at six activities that pressure and threaten the Amazon in nine countries. Agricultural expansion is one of the main causes of deforestation in the country. On June 5 of this year, an international report was…
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