El Diario reports: Remittances: Four of every ten dollars come from Spain Bolivia in 2014, received in remittances the sum of $1,163.6 million dollars, a 1.5% lower amount as compared to 2013, when Bolivia received $1,181.8 million dollars, according to the Central Bank of Bolivia (BCB). According to a report from this institution, the decrease…
Tag: remittances
Do remittances drive economic growth?
Important analysis for Bolivia, as we receive over a billion dollars, every year, in remittances. Great analysis from the: Do remittances drive economic growth? The World Bank recently forecast that remittances to developing countries will total more than US$450 billion this year, a bit bigger than Venezuela’s economy and more than double a decade a…
Continues the exodus of Bolivians due to lack of employment
An Editorial from El Diario: Exodus of Bolivians due to lack of employment According to the disaggregated data on population and housing of the 2012 census, a total of 487 thousand people Bolivian nationals left the country between 2001 and 2012, adding to the millions who are already living in other countries. The figure is…
Bolivians abroad continue delivering to their families!!
This is clear proof that Bolivians do love their families! Despite the lack of justice, certainty and work due to the wrongdoings of current central government, Bolivians do work hard overseas and send money back home, good for them! Just wish things would change here so they would find jobs inside Bolivia… From El Diario:…
Bolivians working abroad effort: one billion dollars!!
Important contributor and not acknowledged by current central government, are the remittances to the Bolivian economy. From El Diario: Santa Cruz information reveals a million beneficiaries “Family remittances” sent to the country went up to a billion dollars in 2013 In the year 2001, Bolivia received by that concept $100 million dollars and in present…
The procedural rules/norms under work for the ‘Dollar Law’
Bolivian citizens and specially those living abroad who are sending remittances to their families back home, must take special attention to this new governmental policy. Ismael Luna Acevedo writes for El Dia: Financial institutions must adapt The procedural rules/norms under work for the ‘Dollar Law’ Money. The State with this standard hopes to have an…
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