By Unitel: The Oruro camelid plant is so large that if it operates at 100% “we are going to wipe out the llamas,” warns the office of public enterprises “It’s not that the plant will only be used a little; either it works or it doesn’t. They didn’t think about feeding these camelids, they didn’t…
Tag: state-owned failures
The statist State suffocates Bolivian mining | El Estado estatista ahoga a la minería boliviana
By El Diario: Lawyer Heiddi Ruiz Gonzales states Mining law specialist Heiddi Ruiz Gonzales warned that Bolivian mining is paralyzed by legal uncertainty, Law 535, and heavy bureaucracy, despite the country having more than 9,000 companies and around 1,700 registered cooperatives. In an interview with EL DIARIO, she said that reactivating the sector requires a clear…
Zombie Firms Cost Billions | Empresas zombi cuestan miles de millones
By Erbol: Zombie Companies and the ‘Industrialization Scam’ Wasted US$2.595 Billion Lupo presented the figures of the “waste.” The government presented on Monday the figures of what it called the “great waste” and “corruption” of MAS governments in initiatives such as the creation of state-owned companies that ended up bankrupt, becoming “zombies,” and the “scam”…
The shift in the economic model begins to benefit the country | Cambio de modelo económico comienza a favorecer al país
By El Diario: The change of government and economic model after nearly 20 years has improved Bolivia’s economic indicators, according to analyst and former president of the Tarija College of Economists, Fernando Romero. The new government of Rodrigo Paz Pereira has sent positive, concrete signals of a pragmatic State willing to work with the private…
“This is a sewer of extraordinary dimensions” | “Esto es una cloaca de dimensiones extraordinarias”
By Lourdes Molina, El Deber: President Paz’s harsh diagnosis Rodrigo Paz, president of Bolivia | Photo: APG On Thursday afternoon, Paz swore in the board of directors of the Central Bank of Bolivia. He spoke harshly about the economic situation left by the outgoing government. President Rodrigo Paz described as a “sewer” the situation in…
Paz inherits a subsidy system that consumes more than Bs 11 billion per year | Paz hereda un sistema de subsidios que consume más Bs 11.000 millones al año
By Ernesto Estremadoiro, El Deber: The new economic cabinet of President Rodrigo Paz will face the challenge of reactivating energy production amid scarcity. Photo: Ricardo Montero Subsidies, collapsing production, and the depletion of mega-fields foretell a massive challenge for President Rodrigo Paz. Analysts warn that the model is unsustainable and that Bolivia will have to…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 