Bolivia presents a sharp decline in its economy
The Minister of Economy, Marcelo Montenegro, confirmed that the Latin country has fallen into recession
The Bolivian Minister of Economy, Marcelo Montenegro, confirmed that the country is experiencing a sharp decline in its finances, and that it has also fallen into recession.
The minister indicated that the administration of Jeanine Áñez stopped public investment, in turn paralyzing employment that already had deficiencies due to the pandemic.
Montenegro reviewed the negative figures and denied the previous minister of that portfolio, Branko Marinkovic, who said that they left almost 2.5 billion dollars in the coffers.
The minister wanted to recall that in October 2019, the fiscal deficit was -5.6 %. However, in December of the same year it was -7.2 %. “In two months (it fell) by two points in the Gross Domestic Product (GDP)”, he stressed.
K. Tovar
Source: Prensa-Latina
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