10-12-2009, 04:03 AM
Some other economical data:
- Bolivia has recived a lot of money due to gas prices increase, Bolivia's main export product (as stated before, not specialy thanks to Morales nacionalizations as Drangel's article says. Former chief congressman has aproved a great increase in taxes to oil companys. Bolivia was allready reciving big money when Morales win the presidential election). Now if you look a statistics, we are not PRODUCING more gas or other goods during Morales government. In fact, in many fields we are producing LESS.
But the companies nacionalized by Morales, not a single one is producing more or is in better situation. The star companies nacionalized: Oil and gas; and comunications, are in very dangerous economical situation. We are exporting less gas, have lose export markets, not developing new fields or exploring. In comunications, ENTEL has lost about 30% of his former market, and increasing that lose evry year against other companies.
A Spanish company, encouraged by spanish government, will invest $US. 1.500.000.000 in exploration. Is not a big amount (for gas business), but hope that they can do what YPFB government can't.
- The first year of Morales government, thousands of bolivian citizens migrate to Spain, european countries and Brazil. The ammount of money sended by that people is about $US 900.000.000,oo at year. For bolivian little economy, thats a lot of money injected to the market.
- Another injection of money to the market come from drug traffiking. An estimate of at least $US. 1.000.000.000,oo goes directly to spending.
- Bolivia has recived a lot of money due to gas prices increase, Bolivia's main export product (as stated before, not specialy thanks to Morales nacionalizations as Drangel's article says. Former chief congressman has aproved a great increase in taxes to oil companys. Bolivia was allready reciving big money when Morales win the presidential election). Now if you look a statistics, we are not PRODUCING more gas or other goods during Morales government. In fact, in many fields we are producing LESS.
But the companies nacionalized by Morales, not a single one is producing more or is in better situation. The star companies nacionalized: Oil and gas; and comunications, are in very dangerous economical situation. We are exporting less gas, have lose export markets, not developing new fields or exploring. In comunications, ENTEL has lost about 30% of his former market, and increasing that lose evry year against other companies.
A Spanish company, encouraged by spanish government, will invest $US. 1.500.000.000 in exploration. Is not a big amount (for gas business), but hope that they can do what YPFB government can't.
- The first year of Morales government, thousands of bolivian citizens migrate to Spain, european countries and Brazil. The ammount of money sended by that people is about $US 900.000.000,oo at year. For bolivian little economy, thats a lot of money injected to the market.
- Another injection of money to the market come from drug traffiking. An estimate of at least $US. 1.000.000.000,oo goes directly to spending.