By El Diario: Despite the 5% wage increase set by the government for this year, from 2,500 to 2,750 bolivianos, the widening gap between the official and parallel exchange rates has caused a 50% devaluation. A few days ago, Bloomberg reported that Bolivia’s national minimum wage is the third lowest in the region using the…
Tag: public policy failures
What is the parallel dollar rate this Friday, July 11, in Bolivia? | ¿A cuánto se cotiza el dólar paralelo este viernes, 11 de julio en Bolivia?
By Jhovana Cahuasa Digital platforms record a new drop in the parallel dollar in Bolivia for today, both for buying and selling. Source: Red Uno According to data released this Friday, July 11, 2025, by the specialized portal dolarboliviahoy.com, the U.S. dollar is trading in the parallel market at a selling price of 14.91 BOB and…
Bolivia has remained a lower-middle-income country for 37 years, despite the gas boom | Bolivia lleva 37 años estancada como país de ingreso medio bajo, pese al boom del gas
By Ernesto Estremadoiro, El Deber: The country remains stuck in the World Bank ranking / Photo: Ricardo Montero Since 1987, Bolivia has remained in the lower-middle-income category, according to the World Bank. While neighbors like Peru and Paraguay climb positions, the country still hasn’t broken through the development ceiling. In 1987, Bolivia was classified as…
Exclusion zone, without elections, without the State, without law | Zona de exclusión, sin elecciones, sin Estado, sin ley
By El Dia: Evo Morales’ Grand Prize Evo Morales no longer needs to be a candidate. If he manages to consolidate Chapare as an exclusion zone—without elections, without the State, without law—he will have gained much more: he will become the lifelong emperor of a territory where the Constitution does not apply, the police do…
Crisis causes travel flow at Viru Viru to drop by up to 50% | La crisis hace que el flujo de viajes en Viru Viru caiga hasta un 50 %
By Ernesto Estremadoiro, El Deber: Aviation fuel shortage YPFB assures normal supply /Photo: Ricardo Montero According to YPFB, the supply of Jet Fuel is guaranteed; however, the aviation sector questions the irregular provision The Viru Viru International Airport in Santa Cruz has recorded a drop of up to 50% in its daily operations with large…
Hidden poverty and structural crisis | Pobreza oculta y crisis estructural
By Ernesto Estremadoiro, El Deber: Jubileo Foundation warns of hidden poverty and structural crisis: “Bs 100 is no longer enough to buy food” The Bolivian peso continues to lose value Economist Carla Cordero warns that Bolivia is facing a multidimensional crisis that erodes families’ purchasing power, with food inflation surpassing 20% and state measures proving…
