Carlos Valverde, El Deber: We commemorate the Foundation of Santa Cruz de la Sierra, that dream of Ñuflo de Chaves that became a reality there, in Chiquitos, far from everywhere and close to nowhere… Later, 264 years later, we participated as free Cruceños in defining our destiny, in the foundation of the Republic (Bolívar-Bolivia) because…
Tag: public policy failures
Dollars and their impact on inflation | Dólares y su impacto en la inflación
Editorial, El Deber: The scarcity of dollars, a phenomenon that has intensified in recent months, directly impacts the prices of products and services, fueling inflation and threatening to erode the purchasing power of Bolivian families. The business sector has been one of the first to feel the effects of the lack of foreign currency. Importers…
Absence of dollars, exports of agricultural products released | Falta de dólares, liberan exportaciones de productos agrícolas
Mary Ortiz, AFP, EFE, Clarin, NewsRebeat: Change of direction in Bolivia: in the absence of dollars, exports of agricultural products are released Bolivia’s center-left government has made a change to its economic policy and agreed on Monday with entrepreneurs to free up agricultural exports, to cope a serious shortage of dollars. Economy Minister Marcelo Montenegro made…
Ideas? No, thank you | ¿Ideas? No, gracias
Humberto Vacaflor Ganam, El Diario: With a furrowed brow and the attitude of a jealous public servant, the Government announced that it has managed to identify and arrest an individual who was selling gasoline at Bs 10 per liter. Meanwhile, the populace, distressed by the situation, has launched into a veritable brainstorming session, rightly assuming…
Devaluation and loss of purchasing power | Devaluación y pérdida del valor adquisitivo
El Diario: The Bolivian records devaluation and loss of purchasing power The shortage of dollars in the Bolivian market causes an increase in the value of products and services, while the Government does not give signals of supplying the currency, so companies are already taking precautions and announcing price increases for their items; the food…
Five factors aggravating the economic crisis | Cinco factores que agravan la crisis económica
Juan Carlos Salinas, El Deber: Entrepreneurs see five factors aggravating the economic crisis in Bolivia Five factors that are accumulating one after another are a cause for concern for entrepreneurs who believe that if they are not addressed, the country’s economic problems will worsen. In addition to the shortage of dollars, which dates back to…
