BOLIVIA l Data show economic decline in the first half of this year

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22/10/2025  FTS 02.30  In Bolivia, the national institute of statistics revealed that the country's economy registered a decline of 2.4 percent in the first half of this year.  teleSUR.   These and more stories now!   🌐Join teleSUR's community and be part of a space where your ideas matter.  https://chat.whatsapp.com/KLABTE41aSj3ioYabXQQ6K  🗣 Don't be left behind, join teleSUR's Channel  https://whatsapp.com/channel/0029Va98Z437Noa2tjytCt1N  Web💬 https://www.telesurenglish.net/  X🧶 https://twitter.com/telesurenglish  Instagram 📸 https://www.instagram.com/telesurenglish/?hl=es  Facebook 📱 https://www.facebook.com/teleSUREnglishOfficial  Youtube ⏯ https://www.youtube.com/channel/UCmuTmpLY35O3csvhyA6vrkg  Tiktok👌🏼 https://www.tiktok.com/@telesurenglish?_t=8hMLCY0a6z7&_r=1

Transcript

00:00Now to Bolivia. The National Institute of Statistics revealed that the country's economy

00:05registered a decline of 2.4% in the first half of this year, a phenomenon attributed to political

00:11struggles. Our correspondent, Freddy Morales, gives us the details.

00:15This country experienced economic decline during the pandemic, a phenomenon that

00:21occurred in the first half of this year.

00:23In the first half of 2025, Bolivia registered a negative growth rate of 2.40%, as a result

00:38of the unfavorable political situation and the excessive blockades we had in the country

00:42in March, May, and June 2025.

00:44The report from the Institute of Statistics warned, however, that the decline began to

00:55reverse after the reduction of pressure from the political opposition in an election year.

01:02We are aware that the figure for the first half of the year is complex, a fall of 2.4%.

01:07But we have the possibility based on observed data, and, as we have always said, these do

01:16not make projections, but we can show data that is already available in our economy.

01:20If we find that the General Transportation Index shows a substantial recovery once the road

01:29blockades and cease.

01:31The government declared itself on several occasions to be the victim of an economic boycott by

01:41the political opposition, which, from the legislature, froze international credits, and delayed the

01:46approval of laws that were necessary to address the threat of crisis, due to reduced natural

01:51gas exports.

01:54They tried to hinder the economic model, and they succeeded with their blockades, road blockades,

01:58and blockades in the assembly. In the assembly, the law to strengthen international reserves

02:03when we brought the project, and it was approved, it took more than 18 months, more than a year

02:07and a half for this regulation to be passed, which, at the time, could have helped the economy.

02:15The shortage of dollars lead to a shortage of fuel, more than 80% of which is imported,

02:23and caused inflation to reach 18% in September, almost tripling official forecasts.

02:28In terms of monthly inflation, we saw a significant peak in June 2025, with speculation about reverse

02:39smuggling, but for the third consecutive month, inflation is moderating, and that should be

02:43the trend for the economy over the next few months.

02:45The economic crisis, partly caused by the country's right wing, was the central argument

02:55used by the opposition candidates who finally displaced the left wing from both the government

02:59and the legislature. The new center-right government that will take office on November 8th promises

03:05a return to neoliberalism.

03:13Thanks.

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