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  • Bolivia rules out currency devaluation

    The Bolivian Government emphasized this Sunday that it will not apply any devaluation of the Bolivian currency since, in its opinion, the economy and finances of the South American country enjoy stability and solidity. The Minister of Economy and Finance, Marcelo Montenegro, stated this to the press, who reaffirmed this ...

  • Bolivia ratifies GDP growth of 5.1% for 2022

    On Thursday, October 6, the Bolivian government reaffirmed its Gross Domestic Product (GDP) growth projection of 5.1% for 2022, despite the new estimate of the World Bank (WB) that raised this indicator to 4.1%. The Minister of Economy and Public Finance, Marcelo Montenegro, said that this positive growth indicator might ...

  • Bolivian government launches economic reconstruction policy

    RIO DE JANEIRO, BRAZIL - On March 31, the Bolivian government announced the launching of an economic reconstruction program to maintain the sustained growth rates of 2021 in several sectors after hard years of economic contraction. The Minister of Economy, Marcelo Montenegro, said that after the Covid-19 pandemic, domestic investment ...

  • Unemployment decreased by 5.4% in Bolivia

    RIO DE JANEIRO, BRAZIL - On March 29, Bolivia's Economy and Public Finance Minister, Marcelo Montenegro, informed that unemployment in Bolivia was reduced to 5.4% in 2021. During the pandemic, this indicator reached 11.6%. "The unemployment rate as of December 2021 is at 5.4%. The rate of activity and participation ...

  • Bolivia creates 1.1 million jobs in 2021

    RIO DE JANEIRO, BRAZIL - The Bolivian Minister of Economy, Marcelo Montenegro, informed this Tuesday that around 1.1 million nationals joined labor centers during 2021, which constituted another indicator of the economic growth in that country. In this sense, the head of the economic portfolio specified that the number of ...

  • Bolivia government projects economy to grow 5.1% in 2022

    RIO DE JANEIRO, BRAZIL - The Government of the President of Bolivia, Luis Arce, presented on Thursday its general budget for 2022, whose goals contemplate a growth of the Gross Domestic Product (GDP) of 5.1 percent. At a press conference, the Minister of Economic and Public Finance, Marcelo Montenegro, indicated ...

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