Bolivian Minister's $1 Billion Plan to Tackle Economic Crisis

Bolivia's Economic Crisis: Del Castillo Calls for Urgent Action Bolivia is facing a significant economic crisis, marked by dollar and fuel shortages. Former Minister and MAS presidential candidate Eduardo del Castillo has publicly accused the Central Bank of Bolivia (BCB) of hindering efforts to stabilize the economy. In a recent video, Del Castillo directly addressed President Luis Arce, urging immediate intervention. "President Arce, with the respect I've always shown you, I demand that the Central Bank stop being an obstacle to the arrival of these resources," Del Castillo stated in his video message. Del Castillo proposed a three-pronged approach to inject $1 billion into the economy. This includes issuing collateralized bonds, preemptively allocating assets, and utilizing the BCB's legal authorities to manage reserves. The former minister highlighted the urgent need to address the hardship faced by Bolivian families due to rising prices and scarcity. The video has garnered significant attention, with thousands of views and hundreds of comments. Del Castillo's direct challenge to the government and his concrete proposals make this a critical development in Bolivia's ongoing economic struggle. The situation continues to unfold, and further action from the Bolivian government is anticipated.