What? Businessmen to blame for lack of dollars?

Although I recognize its importance, I must confess that national businessmen are not my cup of tea and frequently make huge mistakes, showing above all a lot of naivety and little political training in their public actions. But from there to the point where the president of the republic cites them, also with great emphasis, as one of the main causes of the lack of dollars, I think it is already an erroneous, exaggerated and grotesque accusation.​

His reasoning is childish: Businessmen spend more dollars to import inputs than the dollars that return to the country as a result of their exports. Therefore, according to the president, they are economic actors with deficits, who make the country lose dollars. It seems that no one has explained to the economist president that businessmen, particularly industrialists, import inputs but their production is not only for export, they supply the domestic market with national products made here but with imported raw materials. For example, they import zippers and buckles for our confectioners who sell to the domestic market, is it so difficult to understand?

The other major culprit of the structural crisis, including With much emphasis on the President in his report, it is the Plurinational Legislative Assembly, which responsibly believes that the solution to economic problems is not to go into more debt but to resolve the problems that generate and feed the crisis. The loans do nothing but postpone the total collapse for a few months.

Finally, he identifies “the international crisis” with issues such as the war in Ukraine, transportation costs, and global inflation as fundamental factors, but it is clear that the influence of these factors is one tenth of the influence or the impact of internal factors, undoubtedly the most important, due to the strict application of a disastrous economic model.

And yet he does not cite at all to the structural factors that have had and continue to have a huge impact on the crisis, apart from the fall in hydrocarbons (now finally recognised), which are: The strong de facto devaluation of the national currency, the disappearance of international reserves, the enormous indebtedness, a fiscal deficit that has dragged on for 10 years due to half a million employees, subsidies that are impossible to cover and the criminal loss-making operation dozens of state-owned companies are losing rivers of dollars that the central bank has to cover.

Final comment: He did not even send a message to those who are burning in the fires. It is not about him.

A report that has only served to further anger Bolivians.