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  • 4 months ago
In Bolivia, data on the state of the economy was released. The government assures that the crisis facing the country is the result of the opposition's repeated blockade of foreign loans and deliberate use of road blockades and protests. Details from our correspondent Freddy Morales. teleSUR

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00:00In Bolivia, data on the state of the economy was released.
00:03The government assures that the crisis facing the country is the result of the opposition's repeated blockade of foreign loans
00:08and deliberate use of road blockades and protests.
00:11Details from correspondent Freddy Morales.
00:17Following the victory of the right wing in last August's elections, inflation began to fall dramatically.
00:23In May, it exceeded 5 percent, but last September it stood at 0.20 percent.
00:31The absence of these blockades has allowed us to have a lower or low level of the consumer price index for the third consecutive month.
00:40An official report from the Ministry of Finance confirmed repeated allegations by the government of the current president
00:48that much of the economic crisis facing the country was deliberately caused.
00:52Each stage of the months and days that the economy has been shut down has lead to a significant slowdown in
01:03The 36-day civil strike has caused us to go from growing at 4.5 percent to growing at 1.3 percent.
01:13The other blockade, we were growing from 3.1 to 1.3.
01:17From growing 2 percent in the last quarter of 2024, we ended up with a negative variation of 2.6.
01:23That is the effect that the road blockades had on economic activity.
01:26The blockade was the method used by the opposition to provoke an economic crisis for electoral purposes.
01:38Laws that could have helped to overcome the shortage of dollars caused by a decrease in natural gas exports
01:44were blocked in the Legislative Assembly.
01:45In the Assembly, when we brought the bill to strengthen international reserves, it took more than 18 months to approve it.
01:58More than a year and a half that this regulation was stalled, which, at the time,
02:03even at the international level, the political opposition was aided in its efforts to destabilize
02:14the economy for electoral purposes.
02:17This was aided by the so-called risk-rightings agencies, which increased the country risk
02:21to show a deepening of the economic crisis.
02:24But as soon as the right-wing government won, these indices immediately improved.
02:28There has been a key element, sabotage, and everything they did against the government,
02:37but it is no longer the main focus of politics because they have already achieved their goal.
02:46Today is a new political era with a new government, and that is why there is no longer that element
02:50of country risk because those who succeeded in blocking the economy from the old and the right-wing,
02:54starting with the road blockade, and in the Assembly, have achieved their goal.
02:59It is done.
03:00It is consummated.
03:04That could have alleviated the shortage of dollars and the supply of fuel.
03:09Right-wing businessman and politician Samuel Doria Medina called on legislators to approve
03:14these loans of almost two billion dollars to alleviate the crisis and serve the people.
03:19The triumph of the right not only drastically reduced inflation, but also forest fires.
03:24Freddy Morales, Telesur, Bolivia.
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