Brújula Digital: Milenio warns of a decline in the economy and a fiscal deficit above 12% Photo: Social Networks The Milenio Foundation warned of a “risky trend of economic decline” in the country and a “worsening of fiscal, monetary, exchange and financial imbalances.” It considers that the fiscal deficit could be above 12% of GDP…
Tag: ineptocracy
Bolivia: between the exchange rate crisis and political instability | entre la crisis cambiaria y la inestabilidad política
Editorial, El Deber: Bolivia is at a crucial moment, besieged by a deep economic crisis that is aggravated by recent political instability. A discouraging panorama that contrasts with the economic boom of the last decade, when the country experienced an “economic miracle” with annual growth of more than 4% and a notable reduction in poverty….
Contraband challenges the Rule of Law | Contrabando desafía el Estado de Derecho
Editorial, El Deber: Recent attacks on the offices of the National Customs in Santa Cruz and the National Service of Agricultural Health and Food Safety (Senasag) in Yacuiba by violent mobs of smugglers are raising alarms about the alarming situation Bolivia faces in its fight against this scourge. These events not only represent a serious…
Gov Prints Money to Cover Expenses | Gob imprime billetes para cubrir gastos
El Dia: Economist Suspects Government is Printing Money to Cover Expenses Dunn recommended the public to pay close attention to inflation figures. Two weeks ago, the Minister of Economy warned that inflation could rise and, in any case, it would be imported inflation. Economist Jaime Dunn expressed his suspicions that the government, in order to…
Remittances surpass foreign direct investment | Remesas superan a la inversión extranjera directa
Por Marco Antonio Belmonte, Vision 360: Bolivians send more money from abroad In Bolivia, remittances surpass foreign direct investment Last year, net foreign investment reached $294 million, while remittances in 2023 totaled $1.4364 billion. By March of this year, remittances amounted to $334.9 million. Bolivians abroad send more remittances to Bolivia. Photo: ABI. In recent…
Zero Budget Transparency | Cero transparencia presupuestaria
Brujula Digital: “Failed in Budget Transparency”: These Are the Five Documents That People Did Not Have Access To Recently, it was revealed that Bolivia scored 11 out of 100 in budget transparency for the year 2023, according to the Open Budget Survey, an international assessment placing the country second-to-last in South America, just above Venezuela….
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 