By El Diario: The currency is above Bs 11 Parallel exchange rates emerge due to the Central Bank of Bolivia’s (BCB) inability to implement an effective exchange rate policy caused by a lack of reserves. As a result, most economic transactions are conducted using the dollar quoted in the parallel market, which remains above 11…
Tag: totalitarian regime
An indicator of market confidence in a country’s ability to manage its economy | Indicador de la confianza que el mercado tiene en la capacidad de un país para manejar su economía
Editorial, El Deber: Fitch Ratings and the Lack of Transparency in Bolivia Fitch Ratings’ recent downgrade of Bolivia’s credit rating to “CCC-” has raised concerns about the country’s economic health. This decision, which signals increased risk for investors and financial institutions, highlights the urgent need for corrective measures in the government’s economic and fiscal policies….
Forsaken | Entregados
Editorial, El Dia: An outsider looking at Bolivia’s geopolitical makeup would find it unbelievable. The most populous department in the country, the strongest economically, the one that contributes the most in taxes, responsible for a third of the national GDP, producing 70% of the country’s food, the most industrialized, the top exporter, the melting pot…
National strike on Feb 10, to repeal the seventh provision on seizures in the Financial Law | Paro nacional el 10 de feb, para derogar la disposición séptima sobre decomisos de la Ley Financial
By Unitel, Eju.tv: Economic sectors confirm 24-hour national strike on February 10 in rejection of seizure provision The decision was made this Thursday after a national meeting in Sucre, in rejection of the transitional provision of the Financial Law, demanding its repeal. Shortly after noon this Thursday, economic sectors confirmed that on February 10 they…
Fitch rebaja la calificación crediticia de Bolivia | Fitch downgrades Bolivia’s credit rating
Por MercoPress: La agencia internacional Fitch Ratings rebajó este viernes la calificación de Bolivia a “CCC-” y advirtió que se necesitan medidas correctivas urgentes para evitar un deterioro mayor. Al emitir su evaluación, Fitch consideró la falta de disponibilidad de divisas y las deficientes políticas económicas y fiscales del país. La nueva calificación implica un…
True causes of the current crisis were not detailed | No se detalló las verdaderas causas de la crisis actual
By Juan Carlos Salinas, El Deber: PRESIDENTIAL SPEECH Analysts observe that the economy was sidelined and that the true causes of the current crisis were not detailed Arce did not address the dollar shortage /File Observers note that President Luis Arce, in his speech for Plurinational State Day, did not address the dollar shortage, fiscal…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 