President Luis Arce highlights economic stability in Bolivia

Edited by Ed Newman
2022-07-11 11:52:56

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Recently, the president himself announced the creation of a fertilizer company which will contribute to food security     | Photo: EFE

La Paz, July 11 (RHC)-- Bolivian President Luis Arce highlighted this Sunday the policies promoted from the Executive that trigger economic stability, despite the geopolitical context marked by the impacts of the Covid-19 pandemic and the conflict in Ukraine.

"Despite the international crisis, Bolivia is the country with the most price stability in South America.  As of June 2022 we have 1.2 percent inflation, the lowest in the continent," the head of state pondered.

President Arce emphasized that the good economic results are based on the implementation of a model based on respect for human rights and nature, "the application of our economic model, allows us to be again an example of economic management in the region," he said.

Recently, the Bolivian president himself announced the creation of a fertilizer company which will contribute to food security, the project led by the Government will have an investment of 33 million Bolivian pesos (national currency).

"This plant is part of this national strategy to improve agricultural productivity and become a country that is self-sufficient in the production and consumption of its own food, that is, to achieve food security with food sovereignty," said the Bolivian president.



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