By Ernesto Estremadoiro Flores, El Deber: Private parties reveal that military attack generated speculation and ask the Government for dialogue to solve the dollar shortage The price of the currency, on the streets, is above the official price The failed military attack on June 26 generated speculation (around the dollar) and damaged the country’s image….
Tag: inflation
Decline in the economy and fiscal deficit | Caída de la economía y un déficit fiscal
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…
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….
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…
An Incurable Crisis? | ¿Una Crisis Incurable?
Editorial, El Dia: Incurable? Businesspeople can complain all they want, but the Bolivian economic crisis seems incurable. Luis Arce resists applying the recipes or suggestions offered to him and, even more so, refuses to resort to the necessary adjustments to avoid disaster. In 1985, with an annual inflation rate of 20,000%, the situation was radically…
June 27: Indefinite Strike and Blockade | Paro y bloqueo indefinido
El Dia: Heavy Transport Sector Announces Indefinite Strike and Blockade from June 27, Demands Minister Montaño’s Resignation The heavy transport sector has given the Government until June 26 to address their demands, which include resolving the shortage of dollars and ensuring a stable supply of fuel. The national assembly of the heavy transport sector, held…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 