| Each year, the situation in Bolivia seems to get harder than the previous one. The lack of dollars and the expectation that the government will change after the elections in mid-August have continued to cause social tension and unrest. Fortunately, the government approved additional loans, which helped to stop the currency from continuing its devaluation. This is positive in terms of reducing local inflation but less helpful for exporters. Shippers have been steadily selling their final balances for the year and are now closing down. It is going to be a long wait until the new crop starts shipping, even though factories are aiming to open as early as possible, with many targeting December |
