By Oscar Antezana, El Dia: Throughout this series of four articles, we have pointed to the pressing need for a development strategy; otherwise, we may achieve economic growth without actual development. Hasn’t that been the case during the 20 years of MAS rule, even if we go further back? In these pieces, we have addressed…
Tag: public policy failures
Dollar account rigidity persists and USDT is an alternative | Persiste la rigidez para cuentas en dólares y el USDT es alternativa
By Erika Segales, El Deber: USDT is one of the most widely used types of digital dollars in the country, amid the shortage of foreign currency. Photo: Binance The amounts required to open an account range between $5,000 and $10,000. In addition, transaction limits have become barriers for users. In a context marked by a…
Dollar Drifts Toward Market Reality | El dólar se acerca al mercado
By El Diario: Dollar value responds to the market rather than the official exchange rate The behavior of the Central Bank of Bolivia’s (BCB) reference dollar value confirms that the Bolivian financial system is moving toward a scenario in which the price of the dollar increasingly responds to real market conditions rather than the official…
Dollar reality overtakes policy | La realidad del dólar supera la política
By Erika Segales, El Deber: The official dollar loses weight after 14 years, and the reference rate dominates the real economy Home purchases, payments abroad, and even digital services are now calculated using the “reference” exchange rate. This is compounded by a recent decision by the Central Bank of Bolivia (BCB) that loosens the market…
What changes for your wallet? Bolivia eliminates the Financial Transactions Tax | ¿Qué cambia para tu bolsillo? Eliminan el impuesto a transacciones financieras en Bolivia
By Red Uno: President Rodrigo Paz enacted Law 1717, which eliminates the Financial Transactions Tax (ITF), a levy that had taxed multiple banking operations since 2006. Photo: Dollar and euro banknotes (El Cronista) President Rodrigo Paz enacted Law 1717, which eliminates the Financial Transactions Tax (ITF), a levy that had taxed multiple banking operations since…
Inflation Retreating, Economy Withdrawing | Inflación en retroceso, economía en retirada
By Gonzalo Chávez, Brujula Digital: At first glance, the data looks like a small statistical marvel, almost a sleight of hand worthy of a magic show: in February, monthly inflation was -0.62%, and in March it was -0.34%. Two consecutive months with the consumer price index (CPI) falling, no less, after a heavy blow to…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 