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…
Tag: macroeconomics
In crisis, the alledged Bolivian economic armor
ANF reports in El Diario: ANF Analysis In crisis, the alledged economic armor The economy of the country suffered in 2016 and marked for the second consecutive year figures that reveal a stagnation leaving behind the discourse of the armored economy and the bonaza decade. ANALYSIS Although there was a growth of 4.7% in Gross…
Bolivia lost $5,600 million dollars in exports
El Diario reports: Bolivia lost $5,600 million dollars in exports • According to the IBCE, foreign trade of Bolivia since 2015 does not undergo a good time • External sales fell about $4,200 million last year and nearly $1,500 million in 2016 Bolivia lost $5,600 million dollars for the decline in exports in the last…
A nightmare called evo …
This cartoon is from El Diario, 10/12/2016: It reflects what we Bolivians had to endure for the last eleven years, under the worst possible populist ochlocrat. Stopping on democracy this relentless coca grower leader wants to remain in power. He changed the Constitution so he could remain in power, despite his first declaration that he…
Bolivia September inflation 0.45 pct, 12-month rate 3.47 pct
Reuters reports: Bolivia September inflation 0.45 pct, 12-month rate 3.47 pct Oct 6 Bolivian inflation was 0.45 percent in September, bringing the country’s 12-month rate to 3.47 percent, the government’s National Statistics Institute (INE) said on Thursday. Prices of potatoes and chicken rose while the cost of onions, peas, bananas, toilet paper and transportation fell,…
With Its Unbanked Majority, Bolivia Can Gain Much From Adopting Bitcoin
Adam Dubove writes for The Cointelegraph: With Its Unbanked Majority, Bolivia Can Gain Much From Adopting Bitcoin A country with a high-rate of the unbanked, a large informal economy and a tumultuous history of inflation sounds like a perfect scenario for Bitcoin and cyrpyocurrencies to thrive. However, a quick glimpse on Bitcoin-related groups on social…
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