By Antonio Saravia, Brujula Digital: The country is facing a crisis of great proportions. We are falling apart. There is no fuel, people have nothing to eat, hospitals lack medicine, dynamite explodes on the roads, businesses are closing, young people are leaving… our bad hour has arrived. We had been warning about it for a…
Tag: state-owned failures
Cainco warns that the country is on the verge of collapse “behind smoke screens” and calls for dialogue | Cainco advierte que el país está al borde del colapso “detrás de cortinas de humo” y llama al diálogo
By Raúl Domínguez, El Deber: The president of the organization called for action from “those responsible for providing certainty, but who today only show mediocrity disguised as good intentions.” In an institutional video released Thursday afternoon, Jean Pierre Antelo, president of the Chamber of Industry, Services, and Tourism of Santa Cruz (Cainco), warned that the…
Fuel Shortage Due to Various Factors | Escasez de combustibles por varios factores
Editorial, El Diario: Regarding the current fuel shortage in the national territory, the current government claims it is due to roadblocks both within and outside the country. This includes blockades in Arica and those carried out by supporters of Evo Morales in more than ten areas, particularly isolating Cochabamba from the rest of the country….
Three MAS Actions Fueling the Economic Crisis | Tres acciones del MAS que causaron la crisis económica
By ANF, Eju.tv: Milenio identifies three factors promoted by MAS governments that caused the economic crisis La Paz.- The country is facing a financial crisis characterized by a shortage of dollars, rising prices of basic products, the loss of purchasing power of the national currency, and the Government’s inability to plan expenditures and generate foreign…
It is urgent to reduce public spending and close unprofitable companies | Urge reducir gasto público y cerrar empresas deficitarias
El Diario: Crisis may worsen Following negative ratings from institutions and international organizations for Bolivia, the current government administration must meet a series of challenges to improve the country’s credit image. Economists suggest that reducing public spending, closing loss-making state-owned companies, and shutting down ministries are tasks the current administration must undertake; otherwise, the economic…
They warn that the national currency has lost value against the dollar by between 40% and 70% | Advierten que la moneda nacional perdió valor frente al dólar entre 40% y 70%
By Marco Antonio Belmonte, Vision 360: External Analysis S&P Global Ratings warns that limited access to external financing and the challenges faced by the private sector in accessing foreign currency at the official exchange rate have led to depreciation in currency exchange markets. The Bolivian currency loses value against the dollar in the parallel market,…
