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Its standard of living, as measured in GDP in PPP per capita was US$7,191. Economic growth was about 5.2% a year and inflation was 4.5% in 2012. Bolivia experienced a budget surplus of about 1.5% of GDP in 2012. Expenditures were nearly US$12.2 billion while revenues amounted to about US$12.6 billion.
Bolivia's economic crisis is rooted in a complex combination of dependence on the dollar, draining international reserves, mounting debt and failures to produce products like gas, once the Andean ...
With prices surging, dollars scarce and lines snaking away from fuel-strapped gas stations, protests in Bolivia have intensified over the economy's precipitous decline from one of the continent ...
2019 Bolivian political crisis. A political crisis occurred in Bolivia on 10 November 2019, after 21 days of civil protests following the disputed 2019 Bolivian general election in which incumbent President Evo Morales was initially declared the winner.
Bolivia, [c] officially the Plurinational State of Bolivia, [d] is a landlocked country located in central South America.It is a country with the largest geographic extension of Amazonian plains and lowlands, mountains and Chaco with a tropical climate, valleys with a warm climate, as well as being part of the Andes of South America and its high plateau areas with cold climates, hills and snow ...
June 26, 2024 at 9:23 PM. By Brendan O'Boyle. (Reuters) - Bolivian President Luis Arce, a mild-mannered and bespectacled former economy minister, faced down a coup attempt on Wednesday, as the ...
Bolivia joined the IMF on December 27, 1945. [1] Since 1945, Bolivia has cooperated with the IMF to achieve social reforms and economic growth. [2] These efforts have involved strategies to reduce poverty, increase social equity, improve the education system and healthcare system, and expand social services to rural populations and underserved urban communities. [2]
The president of Bolivia, who was the target of an attempted coup on Wednesday night, is a 60-year-old leftist whom many see as an opponent of Washington-backed free-market and neoliberal policies.