By German Huanca, Publico.bo: President Arce recently distanced himself from responsibility for economic decisions in Bolivia with the following statement: “They always say, ‘Ah, but you were Minister of Economy.’ Yes, but I wasn’t Minister of Hydrocarbons.” With this, he suggests that he wasn’t really an Economy Minister but rather limited his role to recording…
Tag: inefficiency
Imposing a commission on card use abroad | Imponen una comisión por el uso de tarjetas en el extranjero
By Erika Ibáñez, https://www.la-razon.com; Eju.tv: Economist: Multiple exchange rates exist in Bolivia, now the ‘card dollar’ emerges The president of the College of Economists of Tarija told La Razón that with the new ASFI regulation imposing a commission on card use abroad, the government is acknowledging that the official rate is merely referential. In Bolivia,…
Agustín Zambrana: “We Are Not Ruling Out Any Measures; Many Want Us to Stop Everything” | Agustín Zambrana: “No descartamos ninguna medida, muchos quieren que paremos todos”
By Esmir Cortez Becerra, El Deber: Agustín Zambrana, First Vice President of the Comité Pro Santa Cruz. Photo: Ricardo Montero The First Vice President of the Comité Pro Santa Cruz, Agustín Zambrana, has confirmed a protest march scheduled for Monday, March 24, in response to Bolivia’s ongoing crisis. “Bolivia has collapsed economically and politically,” Zambrana…
Overcoming fuel shortages | Para superar desabastecimiento de combustibles
By El Diario: Jubileo proposes four actions to overcome shortages The Jubileo Foundation proposed reducing public spending, adjusting the exchange rate, removing subsidies, and freeing the importation and commercialization of goods, with the aim of overcoming the fuel shortages that continue to affect the country. Jubileo also addressed the macroeconomic imbalances created by the government…
The dollar soars to 12.80 for sale and 12 for purchase | El dólar se dispara a 12,80 para la venta y 12 para la compra
By Brújula Digital: The dollar soars to 12.80 for sale and 12 for purchase; ASFI conducts inspections The price of the dollar in the parallel market surged to 12.80 bolivianos for sale and 12 bolivianos for purchase. On Friday afternoon, personnel from the Financial System Supervision and Control Authority (ASFI) conducted inspections on Colón Street…
“How much longer will this exhausted model last?” | “¿Hasta cuándo este modelo agotado?”
By Ernesto Estremadoiro Flores, El Deber: Supply Crisis Jean Pierre Antelo: “How much longer will this exhausted model last?” Antelo Questions Government’s Economic Model / Photo: Ricardo Montero The president of Cainco criticized the government’s recent measures to address the economic crisis, stating they are insufficient and repetitive. Jean Pierre Antelo, president of the Santa…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 