The October report "Economic Outlook for Latin America and the Caribbean," presented by the World Bank, warns that Bolivia could end 2026 with a 2.8 % drop in Gross Domestic Product (GDP).
According to the organization, this would make it the nation with the most pronounced economic contraction in…
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macroeconomics
Bolivia to cut public spending by 30 %
Bolivian President Rodrigo Paz Pereira, along with Minister of Economy José Gabriel Espinoza, announced the comprehensive overhaul of the 2026 General State Budget (PGE), which includes a 30 % cut in public spending.
This is the largest…
Consecomercio estimates a 10 % increase in sales in December
The president of the National Council of Commerce and Services (Consecomercio), José Gregorio Rodríguez, forecasts a possible 10 % increase in sales in December.
Rodríguez referred to the last month of the year, when Christmas shopping…
Conindustria presented a plan for industrial competitiveness in Venezuela
The Venezuelan government received from the president of the Venezuelan Confederation of Industrialists (Conindustria), Tito López, an eight-line action plan aimed at the country's reintegration into global trade.
According to López, "the…