By Daniel Salazar Castellanos, Bloomberg Linea: Bolivia derailed its inflation path and is now among the highest in the region. In March, year-on-year inflation stood at 14.63%. Bloomberg Línea — Bolivia went from being part of the club of countries with the lowest inflation in the region to suffering from rising prices amid a scenario…
Tag: ineptocracy
Parallel dollar exchange rate reaches Bs13.44 and is close to doubling the official rate | Cotización del dólar paralelo llega a Bs13,44 y está cerca de duplicar al cambio oficial
By Erika Ibáñez, La Razon: According to data from the BCB, the USDT cryptocurrency issued by the company Tether Limited and used as a reference for transactions reached a selling rate of Bs 13.43 on Wednesday. The lack of dollars in the country has been a problem dragging on since 2023. On Wednesday, April 9,…
82% of Bolivians rate the economy as “very weak” | El 82% de los bolivianos califica a la economía como “muy débil”
By Brujula Digital, El Diario: Ipsos Ciesmori Poll A recent public opinion study conducted by the polling firm Ipsos Ciesmori reveals a troubling mood in Bolivia: only 7% of the population believes the country is heading in the right direction, a figure well below the global average of 37%. In regional comparison, countries like Argentina…
Lithium: the uncertainty | Litio: la incertidumbre
By Juan Jose Toro, Vision 360: In theory, lithium is an energy source that will replace fossil fuels, so the business isn’t just worth millions, but billions of dollars. In Potosí, we’ve gone from placing our hopes for economic development on the potential of the Uyuni Salt Flat to feeling a distressing uncertainty about the…
Salary Increase in Bolivia: A Measure that Encourages Informality? | Incremento Salarial en Bolivia: ¿Una Medida que Incentiva la Informalidad?
By Paul Aramayo, El Deber: A new increase in the national minimum wage or the basic salary, without considering the real situation of the private business sector, significantly raises formal labor costs, directly affecting the ability of companies — especially small and medium-sized ones — to maintain payrolls under the current labor regime. Every May…
“In three months, 5% of real wages have been lost” | “En tres meses se ha perdido el 5% del salario real”
By Unitel Digital: Economist on inflation: “In three months, 5% of real wages have been lost” Economist Gonzalo Chávez points out that low-income families are the most affected, as they allocate 70% of their wages to purchasing food [AFP] / Inflation has reached 5% in the first quarter of 2025 Following the release this Friday…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 