By Windsor Hernani, Vision 360: Bolivia’s problem is not only the lack of foreign currency, but also the absence of a policy that considers those who generate it—not only exporters, but migrants as well. Projections from the International Monetary Fund outline an adverse economic scenario for Bolivia: a contraction of -3.3% of GDP, inflation above…
Tag: remittances
Remittances surpass foreign direct investment | Remesas superan a la inversión extranjera directa
Por Marco Antonio Belmonte, Vision 360: Bolivians send more money from abroad In Bolivia, remittances surpass foreign direct investment Last year, net foreign investment reached $294 million, while remittances in 2023 totaled $1.4364 billion. By March of this year, remittances amounted to $334.9 million. Bolivians abroad send more remittances to Bolivia. Photo: ABI. In recent…
Bolivians sent remittances to the country for $942 million dollars
El Diario reports: January-September 2018 FAMILIES RECEIVE VALUABLE FUNDS FROM SPAIN, USA AND ARGENTINA. Bolivia received $942.6 million dollars for remittances sent, between January and September of this year, by its residents abroad, an amount that represented an increase of 0.2% over the same period of 2017, reported yesterday the Central Bank of Bolivia (BCB)….
Remittances will decrease: Jobless, Bolivians Head Back to Their Land
EMILIO SANT’ANNA AVENER PRADO reports: Jobless, Bolivians Head Back to Their Land Chile is not the only country receiving immigrants from Brazil and Haitians are not the only ones leaving the country. The economic crisis is also seeing Bolivians head back to their land. Employment announcements for tailor and seamstress offices remain fixed in the…
Rural Bolivia benefits from Tigo money transaction service
Lidia Mamani reports for Pagina Siete: In so far this year, transfers surpassed Bs1,000 million 69% of Tigo Money transactions are made in rural areas Of the Bs1,000 million that were processed since its creation in different parts of the country, the unbanked population did move a value of Bs690 million. The Tigo Money service,…
Spain sends four of every 10 dollars in remittances to Bolivia
El Diario reports: Spain sends four of every 10 dollars in remittances to the country The Central Bank of Bolivia (BCB) reported that family remittances received from abroad, from January to August, grew by 1.2%, compared to the similar period of 2014, representing an amount of $767 million dollars. Only in August remittances totaled $97.3…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 