By Oscar Antezana Malpartida, El Dia: Milei and His Economic Policies When Argentine President Javier Milei presented the first budget proposal of his administration after taking office in December 2023, he did so in person before Congress, turning the event into a partisan act. He freely criticized the opposition deputies and senators listening to him….
Tag: macroeconomics
They project a 9% inflation rate in the country by December | Proyectan en 9% inflación en el país hasta diciembre
El Diario: Alert from Economists Food inflation as of August is close to 7%, but it had already reached 6% in the first half of the year, and the situation could worsen due to the climate of conflict. National authorities have indicated that marches and blockades will impact the prices of agricultural products. The International…
The Harvard Decree | El decreto de Harvard
By Juan Jose Toro, Vision 360: By curbing hyperinflation, it also contained the economic crisis, and although Paz Estenssoro said it shouldn’t last more than 20 years, it is now on track to reach 40. “Bolivia is dying.” This phrase, uttered by Víctor Paz Estenssoro on August 29, 1985, to justify the enactment of Supreme…
Decline in the economy and fiscal deficit | Caída de la economía y un déficit fiscal
Brújula Digital: Milenio warns of a decline in the economy and a fiscal deficit above 12% Photo: Social Networks The Milenio Foundation warned of a “risky trend of economic decline” in the country and a “worsening of fiscal, monetary, exchange and financial imbalances.” It considers that the fiscal deficit could be above 12% of GDP…
Gov Prints Money to Cover Expenses | Gob imprime billetes para cubrir gastos
El Dia: Economist Suspects Government is Printing Money to Cover Expenses Dunn recommended the public to pay close attention to inflation figures. Two weeks ago, the Minister of Economy warned that inflation could rise and, in any case, it would be imported inflation. Economist Jaime Dunn expressed his suspicions that the government, in order to…
Crisis reflected in the Bolivian economy is not temporary | Crisis reflejada en economía boliviana no es transitoria
From El Diario: Former director of the Central Bank, BCB José Gabriel Espinoza, former director of the Central Bank of Bolivia (BCB), deemed the “crisis” apparent in certain figures of the Bolivian economy as “not temporary,” forecasting that the situation this year will not be better than in 2023. According to data recorded in the…
