ANF reports for La Prensa: The general manager of the National Chamber of Exporters of Bolivia (Caneb), Javier Hinojosa, described as imprudent the salary proposal of the Bolivian Workers’ Union (COB) because, he said, it is not related to any indicator of the country’s economy. “Making an analysis linked to the economy, 12% is a…
Tag: inflation
Economic adjustment in 2019
A sound Editorial from El Diario, pictures from the internet: In the new year an adjustment of the greatest possible magnitude has to be made, so that the management is positive, but essentially to put an end to the fiscal deficits of the past six years. It is incomprehensible that there has been so much…
Inflation rises every time the second Christmas bonus is offered!
This cartoon from El Diario, June 5, 2918, shows how cheap demagogue damages family income: The “offer” of a second Christmas bonus triggers speculation, prices go up every day, without any control. Not only private companies are impacted, whether in the legal or informal economies, also the purchasing power of family income suffers from this…
The true demagogue face of the coca grower caudillo and harsh consequences for the people of Bolivia
The coca grower caudillo whose primary responsibility is to the six federations of coca growers of the Chapare and then, only then, as president of Bolivia, has made promises he can not keep due to his inept capacity to govern. Cheap demagogue with money during the early days of his presidency, allowed him to force…
Bolivia says February inflation was 0.38 percent
Reuters reports: Bolivia says February inflation was 0.38 percent Bolivian consumer prices rose 0.38 percent in February, the official National Statistics Institute said on Friday, marking an increase in inflation from 0.10 percent in January. Rising food and beverage prices led February’s increase. The South American natural gas exporting nation expects inflation of 5.03 percent…
Bolivia says 2016 inflation was 4 pct, up from 2.95 pct in 2015
Reuters reports: Bolivia says 2016 inflation was 4 pct, up from 2.95 pct in 2015 Bolivia’s inflation rate for full-year 2016 was 4 percent, the official National Statistics Institute (INE) said on Friday, well under the government’s 5.3 percent target but higher than the 2.95 percent rise in consumer prices in 2015. The economy ministry…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 