Editorial, El Deber: The scarcity of dollars, a phenomenon that has intensified in recent months, directly impacts the prices of products and services, fueling inflation and threatening to erode the purchasing power of Bolivian families. The business sector has been one of the first to feel the effects of the lack of foreign currency. Importers…
Tag: ineptocracy
Absence of dollars, exports of agricultural products released | Falta de dólares, liberan exportaciones de productos agrícolas
Mary Ortiz, AFP, EFE, Clarin, NewsRebeat: Change of direction in Bolivia: in the absence of dollars, exports of agricultural products are released Bolivia’s center-left government has made a change to its economic policy and agreed on Monday with entrepreneurs to free up agricultural exports, to cope a serious shortage of dollars. Economy Minister Marcelo Montenegro made…
Ideas? No, thank you | ¿Ideas? No, gracias
Humberto Vacaflor Ganam, El Diario: With a furrowed brow and the attitude of a jealous public servant, the Government announced that it has managed to identify and arrest an individual who was selling gasoline at Bs 10 per liter. Meanwhile, the populace, distressed by the situation, has launched into a veritable brainstorming session, rightly assuming…
Economic Damage to the State | Daño Económico al Estado
Francesco Zaratti: I find significant ambiguities in the concept of “Economic Damage to the State” (EDS), which generally refers to the impact on the state’s assets by officials and authorities but has become a pretext for political persecution. EDS is one of the most common offenses within a society that idolizes the State and tends…
Five factors aggravating the economic crisis | Cinco factores que agravan la crisis económica
Juan Carlos Salinas, El Deber: Entrepreneurs see five factors aggravating the economic crisis in Bolivia Five factors that are accumulating one after another are a cause for concern for entrepreneurs who believe that if they are not addressed, the country’s economic problems will worsen. In addition to the shortage of dollars, which dates back to…
Dollar shortage: a time bomb | Escasez de dólares: una bomba de tiempo
Editorial, El Deber: An old saying says that “There is no deadline that is not met nor debt that is not paid”, and it can well be applied to the Bolivian reality. The fall in gas exports, restrictions on the sale of agricultural products, the reduction to zero of foreign investment and the increase in…
