The presidential candidate, Samuel Doria Medina, and his ally The elected governor of Santa Cruz, Luis Fernando Camacho, expressed his concern for the recent economic projections that the International Monetary Fund (IMF) and the World Bank (BM) for Bolivia for Bolivia.
“The World Bank also forecasts a 1% growth for the country, as well as the IMF. Growth under and inflation (which this last agency calculates by 15%) is A very dangerous combination”Said Doria Medina through her social networks.
The politician and businessman added that this situation “means that inflation does not come from greater demand than the productive apparatus cannot satisfy, but from a breakdown in the offer.”
“In this case, the lack of dollars that prevents imports and also (generates) the exit of Bolivian products abroad via smuggling due to the price difference,” he explained.
He also considered that this productive problem “is stopping the general economic activity” of the country.
So, “Arce will leave us the most explosive inheritance: low growth and inflation. This is the price that Bolivians have to pay for their irresponsibility: For years he let things deteriorate instead of taking action, ”he said.
He insisted that the root problem is the lack of dollars and that, if that is solved, “the rest will be normalized.” Doria Medina is the candidate that campaigns with the promise to solve the shortage of dollars in 100 days.
Camacho, in another social media post, He said that “both the World Bank and the IMF confirm the poor state of the economy in Bolivia” and that its “projections are alarming.”
“This in simple language ratifies the deep crisis we have been talking about since last year and that the Arce government denies despite evidence. Bolivia made Bolivia an unreliable country, legally insecure and politically violent. He divided the Bolivians, increased the strip of poverty, took value to his currency and international competitiveness,” said the governor.
