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Weekly Report - 22 February 2024 (WR-24-07)
BOLIVIA: Trying to address dollar shortage
Bolivia’s economy and finance minister, Marcelo Montenegro, revealed a series of measures on 19 February designed to attenuate the country’s economic problems, especially an acute shortage of US dollars and increasing fiscal deficit due to onerous subsidies on expensive fuel imports. His announcement came one day after former president Evo Morales (2006-2019), whose well-publicised rift with the ruling left-wing Movimiento al Socialismo (MAS) government seems to deepen by the day, had demanded “a national meeting” to avoid an “economic catastrophe” in Bolivia.
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