US$335 million will be transferred away from the FPIEEH by a directive

The Fund for the Promotion of Investment in Exploration and Hydrocarbon Exploitation (FPIEEH) was left without economic resources as a result of a supreme decree that ordered the transfer of its resources to a different account. This fund was created in 2015 by Law 767 of Promotion for Investment in Exploration and Hydrocarbon Exploitation and … Continue reading US$335 million will be transferred away from the FPIEEH by a directive

IMF expects that Bolivia’s economy will grow by 4.5% in 2018 and 4.2% in 2019

The IMF expects that Bolivia's GDP will grow to 4.2% in 2019 and fall further in 2020 to 3.9%. The organisation said that they believed that the current account deficit will fall slightly due to a fall in imports of capital goods, but capital inflows and remittances are also expected to be weaker. International reserves … Continue reading IMF expects that Bolivia’s economy will grow by 4.5% in 2018 and 4.2% in 2019

Protest continued across Bolivia’s main cities

Bolivian citizens continued to demonstrate to express their anger and outradte at the recent decision by the Electoral Supreme Court to allow Morales to run for presidency again in spite of the referendum vote of february 21, 2016. The government said that there were only 5 thousand demonstrators, who were labelled as "rugs from the … Continue reading Protest continued across Bolivia’s main cities