The Central Bank of Bolivia (BCB), during its accountability, did not detail the current status of net international reserves (RIN) nor what are the projections for this management.
Its president, Edwin Rojas, He pointed out that the 2024 economic environment was adverse, due to: drought, forest fires, social conflicts and the non -approval of credits by the Plurinational Legislative Assembly.
While, in the outer context Rojas focused on which the high Inflation in neighboring countries It promoted the demand for Bolivian products in bordering economies, affecting the internal offer.
“To this were added the high international interest rates, which more expected the service of the external debt, and the geopolitical conflicts, which continued to press the prices of inputs and final goods.”
Faced with this panorama, Rojas explained that the strategic guidelines for 2025, point to “Preserve monetary sovereignty, contain inflation, strengthen RIN through the purchase of gold in the domestic market and its subsequent refining abroad, and support economic and social development through financing to strategic national public companies and the public sector ”.
During your participation the authority did not give further details about the RIN and the mechanisms they will use for their increase.
Initial public accountability 2025 was attended by Authorities of the Executive Body, Legislatorspublic servants of the issuing entity and representatives of social organizations.
