ANF reports in El Deber: Jubileo sees that energy will not generate jobs The institution said that in the 2016 PGE [General State Budget], there are fewer resources for agriculture, industry and tourism. The Jubileo Foundation warns that the new commitment of the Government to allocate 22.7% of the 2016 General State Budget (PGE) for…
Tag: Ochlocracy
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,…
Bolivia must diversify its economy and production
El Diario reports: Bolivia must diversify its economy and production • Representatives and experts from the World Bank, IDB, CAF and ECLAC, meeting at the Government Palace, recommended to the national authorities to take prudential measures in economic issues, in addition to seeking other options in the international oil crisis and to evaluate issues of…
Bolivia agrees $300 million nuclear complex with Russia’s Rosatom
Reuters reports through Yahoo news: Bolivia agrees $300 million nuclear complex with Russia’s Rosatom LA PAZ (Reuters) – Bolivia and Russia’s state-owned atomic energy corporation Rosatom said on Sunday they had signed a provisional agreement for the construction of $300 million nuclear complex in the Andean nation. Under the terms of the accord, which needs…
Worldwide embarrassment: Bolivia’s president faces multiple scandals
CNN reports: Bolivia’s president faces multiple scandals By Marilia Brocchetto (CNN)It’s been a bad couple of weeks for Bolivian president Evo Morales. First, the Bolivian leader had to accept defeat in a referendum making his current presidential term his last, and now he is at the center of a scandal that reads like a Bolivian…
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