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…

Despite all, remittances grew by 11%, thanks to Bolivians abroad!

This is from today’s Pagina Siete: In the first ten months of the year, remittances received by relatives of residents abroad grew by 11%, compared to similar period of 2010, according to data of the Central Bank of Bolivia (BCB).Until October they reached $853,9 million dollars, while in countries such as Spain there is an…

Remittances and Bolivian work migration struggles

The Washington Post has published the following article, which outlines best what is going on in Bolivia… Bolivian migrants ride out hard times By  Emily Alpert, Published: November 18, 2011 (look at the link below to see the pictures) CLIZA, Bolivia — Everything seems to be under construction in this town in central Bolivia. McMansions…