From El Diario: Former director of the Central Bank, BCB José Gabriel Espinoza, former director of the Central Bank of Bolivia (BCB), deemed the “crisis” apparent in certain figures of the Bolivian economy as “not temporary,” forecasting that the situation this year will not be better than in 2023. According to data recorded in the…
Tag: ineptocracy
Deficit of 7.5% since 2014 | Déficit de 7,5% desde 2014
By Brújula Digital: Economists to Arce: the country has been carrying a deficit of 7.5% since 2014 and YPFB no longer exports $6.6 billion A rural family. Photo: Social Media President Luis Arce asserted on Monday that “Bolivia is not in crisis” and stated that “we are experiencing economic sabotage.” Economic analysts reminded him that…
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…
Census during Morales’ administration was “useless” | Censo durante gestión de Morales fue “inservible”
El Diario: Quiroga asserts that the Census during Morales’ administration was “useless” There is a perception of Morales’ responsibility for the 2012 Census, a measurement lacking final results. Following the criticisms made by Evo Morales regarding the organization and budget allocated for the execution of the National Population and Housing Census 2024, former President Jorge…
Bolivia’s economic and political risks | Riesgos económicos y políticos de Bolivia
Bnamericas: Bolivia’s economy faces headwinds from a lack of dollars, dwindling international reserves and political infighting within the governing party. “While inflation is not a problem in Bolivia, as it came in below 3% in February, economic growth has slowed down significantly, with real GDP below 2%,” William Foster, senior VP of sovereign risk at…
Moody´s: Lithium won’t be enough to offset gas revenues | El litio no será suficiente para compensar los ingresos del gas
Marco Antonio Belmonte, Vision 360: The company considers that the lack of access to the sea may increase the costs of lithium and points out that the country must promote industrialization and, at the same time, redevelop the hydrocarbon sector. The Lithium Carbonate Industrial Plant inaugurated in December 2023, in Colcha K. Photo: MHE. While…
