Alberto Bonadona writes in El Deber: Slowing inflationary pressures Officially the monetary authorities accept that the goal of 4.8% inflation expected this year will not be achieved. To avoid the pressures that drive prices to rise, the Central Bank is issuing more bonds, trying to reduce the money in the hands of the public. A…
Tag: inflation
Bolivian salaries only enough to feed our families… and the rest…?!
From El Dia: Evaluation on the unequal distribution of the income Cedla: wages in the country just enough to eat Reality. Worker’s wages in Bolivia spends more on food and has 39% incidence in the basic basket. An evaluation of the Center of Studies for the Labor and Agrarian Development (Centro de Estudios para el Desarrollo…
Bolivia to experience dollar black market due to governmental inefficiencies
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…
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:…
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