By Juan Carlos Salinas, El Deber: PURCHASING POWER The purchasing power of the boliviano is losing ground /Photo: ABI The loss of the boliviano’s purchasing power since 2024 has already reached 50%. The foreign currency is trading at Bs 15.17. According to the latest study (2023) by the International Labour Organization (ILO), Bolivia has a…
Tag: state-owned failures
A “cross-cutting crisis” | Una “crisis transversal”
By El Diario: Business leaders call for solutions to a “cross-cutting crisis” In a commemoration of Labor Day marked by economic uncertainty, the Confederation of Private Entrepreneurs of Bolivia (CEPB) issued a strong statement expressing deep concern over the “cross-cutting crisis” currently afflicting the country. Through an official communiqué, the business leadership made it clear…
Crisis clouds May 1st: more inflation, less employment | Crisis opaca el 1 de mayo, hay más inflación y menos empleo
By Leonel Suárez, El Pais: While official events are being prepared in Tarija to highlight the historical struggle of the working class, the economic backdrop is clear. The College of Economists confirms the loss of purchasing power The crisis has increased informal employment in the country This May 1st, Bolivia commemorates International Workers’ Day in…
Beginning crisis with rise in parallel dollar | Comienza la crisis con incremento del dólar paralelo
By Leyla Mendieta Cruz, Unitel: “The crisis is beginning,” says Cadex regarding the rise of the parallel dollar The president of the Chamber of Exporters, Logistics and Investment Promotion of Santa Cruz (Cadex), Oswaldo Barriga, insisted that it is necessary to change the economic model and to authorize exports of products that are currently restricted…
The Worst Legacy of MAS | El peor legado del MAS
Editorial, El Día: In Bolivia, it is not only the economy that has been impoverished; the mind has been impoverished too. While the official narrative boasts of “inclusion” and “redistribution,” what the Movimiento al Socialismo has truly sown during almost two decades in power is a mentality of dependence, resignation, and conformity: a true poverty…
Nothing ever ran out; the government’s model was always a failure | No se agotó nada; el modelo del gobierno siempre fue un fracaso
By Carlos Valverde, El Deber: Hearing opposition politicians and even businesspeople repeat the mantra that “the government’s or MAS’s model in power has run its course” is concerning, because it gives the impression that they actually believed that 21st Century Socialism ever had the possibility of generating surpluses and capital based on its ideas and…
