An important warning that current government should consider seriously as in the past, the black market on dollar exchange has caused inflation, speculation and less competitiveness to our economic activities. From Los Tiempos: BY TAX BURDEN | The national private banking provides that it will have to abandon the sale of foreign currency because of…
Tag: inflation
Bolivia needs to find more gas & oil
Milenio Foundation has published their report No129 dated January 13, 2012. As it can be seen in the chart to the right, Bolivia has been neglecting exploration of hydrocarbons, and that is absolutely irresponsible!! The blue line shows how irrelevant and absurd is the amount of million dollars assigned for exploration. The green line shows…
Inflation hits harder the Bolivian poor
La Razon, Willy Chipana reports how inflation has hit harder the Bolivian poor: The Jubileo Foundation reported that inflation in 2011 affected more the poor because it became 7,04% due to the rise in food prices. The figure is slightly higher than announced by the National Institute of statistics (INE). “The accumulated variation in the consumer…
Who is who for this government…?
This cartoon is from El Diario, December 13, 2011. It shows how current government is handling the meeting where most of the players and real stakeholders were left out of it. You see two of the ruling party talking in front of an entrance door with the label: Social Summit, Cochabamba, And a chart that reads:…
Briefs: inflation; TIPNIS a sof December 6, 2011
From El Deber and Los Tiempos, respectively: Inflation The price of the onion, household beer consumption, housing rent and lunch, according to the Statistics National Institute of (INE), were the more inflationary. In November the consumer price index (CPI and IPC in Spanish) closed with 0.32%, but in October, was 0.47%. Since the beginning of the…
Money laundering & inflation against Bolivian society
This cartoon is from El Diario, November 30, 2011. It portrays how much money laundering, and narco-traffick are becoming a real nuisance and are also more widely perceived by Bolivian society; out there for anyone to see… In the cartoon the person is pointing and saying: “these buildings are known as ‘washing buildings’ they whiten…
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