Editorial, El Deber: The Bolivian Labor Confederation and the Government are in full negotiation over salary increases. The labor union is asking for an eight percent increase in the basic salary and a seven percent increase in the national minimum wage. This aspiration is completely detached from reality, reflecting a trend towards tightening belts in…
Tag: public policy failures
Economic slowdown demands concerted adjustment measures | Desaceleración económica exige medidas de ajuste concertadas
By Antonio Rocha, El Deber: Given the situation in the current year’s first quarter, with higher year-on-year inflation accumulated by March, the persistent decline in national exports, reduced imports due to the absence of competitive currency and payment methods, coupled with shortages of fuel and inputs for industry and agriculture, I believe we must fasten…
Fishermen demand suspension of mining activity in the Beni River | Pesqueros piden suspender actividad minera en río Beni
El Diario: Due to contamination Faced with the serious impacts and damages caused by mining activity on the population living along the riverbanks and on the commercialization of their product, the fishing sector has called for the suspension of mercury use and the cessation of this activity in the basins of the Beni River. “We…
Bolivia is currently ranked 20th in economic growth | Bolivia en puesto 20 de crecimiento económico
El Diario: Bolivia ranks 20th out of 28 countries in the region, with a projected growth of 1.4%, which is below the growth of Latin America and the Caribbean (LAC) and the regional average of 3.72%, according to the latest report from the World Bank. Luis Fernando Romero Torrejón, the president of the Departmental College…
Deficit of 7.5% since 2014 | Déficit de 7,5% desde 2014
By Brújula Digital: Economists to Arce: the country has been carrying a deficit of 7.5% since 2014 and YPFB no longer exports $6.6 billion A rural family. Photo: Social Media President Luis Arce asserted on Monday that “Bolivia is not in crisis” and stated that “we are experiencing economic sabotage.” Economic analysts reminded him that…
The rise in the dollar will increase external debt and imports | Repunte del dólar encarecerá deuda externa e importaciones
The price of the dollar is rising, causing global distress, so economists warn that this situation will increase external debt and imports for several countries, including Bolivia. Currently, according to the finance specialized site Bloomberg Line, countries burdened with external debt remain at risk, with Maldives and Bolivia particularly vulnerable if the strength of the…
