CBS 8, Business Wire reports: Fitch Downgrades Bolivia’s IDRs to ‘BB-‘; Outlook Stable Posted: Jul 13, 2016 5:43 PM BOT Updated: Jul 13, 2016 5:43 PM BOT NEW YORK –(BUSINESS WIRE) Fitch Ratings has downgraded Bolivia’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘BB-‘ from ‘BB’. The Rating Outlook is Stable. The…
Tag: macroeconomics
Private sector pose an analysis of investments to the Government
El Deber reports: Private pose an analysis of investments to the Government Entrepreneurs made a diagnosis of the economy to raise it to the economic ministers. Business leaders of the country, insist to outline a strategic policy with the government. To this end, from yesterday [06/22/2016] until Friday, the private sector will make a diagnosis…
Bolivian Central Bank former president suggests prudent use of the Net International Reserves
ANF reports in El Deber: BCB president suggests prudent use of the RIN The former president of the Central Bank of Bolivia (BCB), Antonio Morales recommended that the Government use prudently the Net International Reserves (NIR) because if they fall, they could raise doubts about the soundness of the financial system. He also asked to…
Plain demagogue?: The dollar exchange rate will not be changed this year
El Diario reports: 2016 Financial Fiscal Program The dollar exchange rate will not be changed this year • The announcement was made yesterday [03/16/2016] by the President of the Central Bank, so that the purchasing power of wages will be preserved • The exchange rate policy in 2015 helped maintain low inflation The president of…
Collapse of Bolivian exports
An Editorial from El Diario: Collapse of Bolivian exports Only last January, exports of various domestic products fell by one third in relation to the same month last year, according to worrying statistic provided by the National Statistics Institute (INE), the crash regarding foreign sales pertains to gas, manufacturing, minerals and agricultural products. More concretely,…
Forum proposes five suggestions for Bolivian industrial development
El Diario reports: Lack of public policies Forum proposes five suggestions for industrial development • Recommended to improve productivity levels of manufacturing to reverse technological backwardness • Experts analyzed conditions for the integral development of the sector At the end of the Forum “The main engine of economic growth. Industrial productivity. Current situation and outlook in…
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