The Bs to the US dollar exchange rate should remain as is

The Fundacion Milenio has important information, that should serve for our exporters, people who receive remittances and to try to keep a ‘stable’ Bolivian economy, regardless of political preferences… ABI reports: Milenio affirms that Bolivia has sufficient resources to keep a stable exchange rate The Economist and researcher of the Millennium Foundation, José Luis Evia,…

Remittances to Bolivia Outpace Investment by 2-1

From Remittances to Bolivia Outpace Investment by 2-1 LA PAZ – Bolivia received nearly $1.1 billion in remittances last year, more than twice the $507 in foreign direct investment going to the Andean nation, an economist with the Inter-American Development Bank said on Monday. The IDB’s Omar Zambrano said that money sent home by emigrants…

We are three million Bolivians living abroad

Alexander Terrazas reports for El Dia: According to a report of the human pastoral care There are three million Bolivians abroad Exodus. In Argentina there are 1,200,000 compatriots, the rest is distributed in Brazil with some 600,000, followed by Spain and USA. We have [hold] 700 refugees. The output of compatriots abroad is increasing more…

A “perverse” new tax to the dollar in Bolivia

Raising taxes is not an easy task, although many people may think different… in this case current Bolivian government has raised a new one, in an attempt to reduce the dollar currency in our economy, whereas is out of hatred to the USA or to show how ‘strong’ is our currency, the most affected continue…