The shortage of resources exacerbates the discomfort in Bolivia before the presidential and legislative elections.
The economy in Bolivia is found in a Critical situation Just days after the general elections provided for August 17. Inflation reached a worrying 24.8% interannual in July, the highest since 2008, which directly impacted the cost of living and the availability of basic products.
The government of President Luis Arce, who will not seek re -election, faces a severe currency restriction that limits the importation of fuels, food and other essential suppliesgenerating long lines and shortage in several sectors.
The decrease in exporting natural gashistorical engine of the Bolivian economy, reduced income in dollars. Last year, gas sales represented only US $ 1,600 millionwhile external debt and imports exceeded U $ S5,000 millionthus aggravating the financial imbalance. In this context, the American currency It doubled in the parallel market, further promoting the increase in indispensable products for the population.
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AFP
The shortage of basic products
In the center of La Paz, on the days of the general elections, families travel more than a dozen positions but do not find fresh bread: the economic crisis left again No flour to bakers.
In the service stations, the Gasoline shortage causes prolonged and long waiting for fuel to loadaffecting the transport and daily mobility of citizens. The crisis in the supply also impacts productive sectors and generates increasing discomfort in the population, which is prepared for elections in a climate of uncertainty economic and social.
The citizens They look forward to the elections to change this model, arguing that He impoverished them a lot.
Bolivia
Economic impact and perspectives for Bolivia
The contraction of the economy and The increase in labor informality They are phenomena that intensified in recent years. According to economic analysis, real poverty could be much greater than the officially reportedconsidering the Cost of Living Increase. The current management of the economy, based on the issuance of local currency to sustain subsidies, generates risks of accelerated inflation and difficulties in stabilizing the financial situation.
To face this situation, specialists suggest that they are required shock measures that include a deep review of subsidies policiesthe closure or restructuring of deficit public companies and greater efficiency in the public spending. Otherwise, the country could enter a process hyperinflationary With serious consequences for the population.
Source: Ambito
