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…
Tag: remittances
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…
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…
Are your savings (remittances) safe? Is the TIPNIS safe? Is ‘evo cumple’ safe?
Today I want to share three main issues that we must be aware of: Remittances – Savings: Most Bolivians working abroad, do have a serious commitment, to send their income to their families back home. To cover loans, build up a house and for daily expenses. Hard labor, working stressed with the phantom of deportation,…
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…
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