Bolivian Thoughts opinion: evo has manipulated macroeconomic statistics, has destroyed the INE, inserting acolytes that will tamper data and use other “indicators” to produce the populist mirage … After 13 years of absolute control of ALL State powers, after receiving loan forgiveness from the international community, after extraordinarily high international prices on all our commodity…
Tag: macroeconomics
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…
Determined actions of the BCB will affect people’s expectations
El Diario reports: According to economic analysts The Central Bank tried to dispel concerns in the population and minimized the measure The determination is linked to the fall of reserves said a specialist There will be no devaluation and the model will not be adjusted, said yesterday, Pablo Ramos, president of the issuing institute BOLIVIAN…
Dangerous growth of external debt [… evo’s legacy!]
A good Editorial from El Diario, photo from Pagina Siete [03/25/2018]: When the times of financial boom have passed and it is necessary to live with what little you have, it is worrisome and dangerous that the government is determined to increase the country’s external debt. There are announcements that “there will be a new…
evo’s legacy: a fragile economy, our international reserves continue to fall down!
ANF reports for El Deber: ECONOMY International reserves fall by $1,354 million dollars International reserves mean savings that support the country’s economic stability. This year has presented a decline in relation to 2017 Net international reserves (NIR) continue in sharp decline and from December 2017 to September 21 this year recorded a fall of $1,354…
Bolivian middle class remains vulnerable as evo’s economic policies were swallowed by demagogue and ineptitude!
The graph below was obtained in the web. It reflects in my view that macroeconomic data can be misleading. It uses statistical averages and does not reflect reality. Before evo bread was at Bs0.20 now is over Bs0.80; kilo of beef was Bs.14 and now is over Bs40. On top of the above, the cash…
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