Good news from Bolivia
Bolivia is changing
http://www.granma.cu/idiomas/ingles/ouramerica-i/14nov-Bolivia%20is.html
...Bolivia's economic growth over the last nine years, since Evo Morales came to power, has been sensational, at an average rate of 5% per year. In 2013, GDP growth reached 6.8%, and in 2014 and 2015, according to IMF forecasts, it will once again be more than 5%, the highest rate in Latin America. And all this with a moderate and controlled rate of inflation, below 6%.
...The overall standard of living has doubled. Public spending, despite significant social investments, is also controlled, to the extent that the public budget is showing a fiscal surplus of 2.6% (in 2014).
...But this great election victory can also be explained politically. President Evo Morales was able to ideologically defeat his main opponents, regrouped within the business caste of the province of Santa Cruz, the main economic engine of the country. This conservative group which has tried everything against the president, from attempted succession to a coup, has finally surrendered and ultimately joined the presidential project, recognizing that the country has set sail towards development.
...Bolivia is changing. It’s on the up. And its prodigious metamorphosis has not yet ceased to surprise the world.
http://www.granma.cu/idiomas/ingles/ouramerica-i/14nov-Bolivia%20is.html
...Bolivia's economic growth over the last nine years, since Evo Morales came to power, has been sensational, at an average rate of 5% per year. In 2013, GDP growth reached 6.8%, and in 2014 and 2015, according to IMF forecasts, it will once again be more than 5%, the highest rate in Latin America. And all this with a moderate and controlled rate of inflation, below 6%.
...The overall standard of living has doubled. Public spending, despite significant social investments, is also controlled, to the extent that the public budget is showing a fiscal surplus of 2.6% (in 2014).
...But this great election victory can also be explained politically. President Evo Morales was able to ideologically defeat his main opponents, regrouped within the business caste of the province of Santa Cruz, the main economic engine of the country. This conservative group which has tried everything against the president, from attempted succession to a coup, has finally surrendered and ultimately joined the presidential project, recognizing that the country has set sail towards development.
...Bolivia is changing. It’s on the up. And its prodigious metamorphosis has not yet ceased to surprise the world.