{"id":88343,"date":"2023-03-27T08:21:29","date_gmt":"2023-03-27T08:21:29","guid":{"rendered":"https:\/\/showbizztoday.com\/index.php\/2023\/03\/27\/bolivia-rejects-moodys-report-and-reaffirms-strength-of-economic-and-exchange-rate-policy\/"},"modified":"2023-03-27T08:21:29","modified_gmt":"2023-03-27T08:21:29","slug":"bolivia-rejects-moodys-report-and-reaffirms-power-of-financial-and-alternate-charge-coverage","status":"publish","type":"post","link":"https:\/\/showbizztoday.com\/index.php\/2023\/03\/27\/bolivia-rejects-moodys-report-and-reaffirms-power-of-financial-and-alternate-charge-coverage\/","title":{"rendered":"Bolivia rejects Moody&#8217;s report and reaffirms power of financial and alternate charge coverage"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div data-advadstrackid=\"449249\" data-advadstrackbid=\"1\" class=\"rioti-target\" id=\"rioti-549573841\"><a href=\"http:\/\/portugaladvisory.com\/\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" alt=\", Bolivia rejects Moody&amp;#8217;s report and reaffirms strength of economic and exchange rate policy\" width=\"800\" height=\"90\" src=\"http:\/\/www.riotimesonline.com\/wp-content\/uploads\/2021\/09\/Porugal-Advisory-Banner_1.jpg\" class=\"lazyload\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.riotimesonline.com\/wp-content\/uploads\/2021\/09\/Porugal-Advisory-Banner_1.jpg\" alt=\", Bolivia rejects Moody&amp;#8217;s report and reaffirms strength of economic and exchange rate policy\" width=\"800\" height=\"90\"\/><\/noscript> <\/a><\/div>\n<p>The Government of Bolivia rejected this Friday\u2019s Moody\u2019s report that downgraded the nation\u2019s score with the danger of its macroeconomic stability and reaffirmed its financial and alternate charge coverage to maintain stability.<\/p>\n<p>\u201cMoody\u2019s rating agency is based on a conjunctural situation and ignores the other macroeconomic variables that contribute to national stability, price stability, economic growth, the decrease of the fiscal deficit from 12.7 percent in 2020 to 7.2 percent in 2022, and the economic growth achieved despite the adverse international context,\u201d mentioned the Ministry of Economy.<\/p>\n<p>Likewise, it ratified compliance with the exterior debt service, opposite to what was said by Moody\u2019s score company, which revised the danger score from B2 to Caa1.<\/p>\n<figure id=\"attachment_472729\" aria-describedby=\"caption-attachment-472729\" style=\"width: 700px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" alt=\"Central Bank Bolivia, HQ. (Photo internet reproduction)\" width=\"700\" height=\"561\" srcset=\"http:\/\/www.riotimesonline.com\/wp-content\/uploads\/2023\/03\/Centrl-Bank-Bolivi.jpg 700w, http:\/\/www.riotimesonline.com\/wp-content\/uploads\/2023\/03\/Centrl-Bank-Bolivi-300x240.jpg 300w, http:\/\/www.riotimesonline.com\/wp-content\/uploads\/2023\/03\/Centrl-Bank-Bolivi-696x558.jpg 696w\" src=\"http:\/\/www.riotimesonline.com\/wp-content\/uploads\/2023\/03\/Centrl-Bank-Bolivi.jpg\" data-sizes=\"(max-width: 700px) 100vw, 700px\" class=\"wp-image-472729 size-full lazyload\" bad-src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-472729 size-full\" src=\"http:\/\/www.riotimesonline.com\/wp-content\/uploads\/2023\/03\/Centrl-Bank-Bolivi.jpg\" alt=\"Central Bank Bolivia, HQ. (Photo internet reproduction)\" width=\"700\" height=\"561\" srcset=\"http:\/\/www.riotimesonline.com\/wp-content\/uploads\/2023\/03\/Centrl-Bank-Bolivi.jpg 700w, http:\/\/www.riotimesonline.com\/wp-content\/uploads\/2023\/03\/Centrl-Bank-Bolivi-300x240.jpg 300w, http:\/\/www.riotimesonline.com\/wp-content\/uploads\/2023\/03\/Centrl-Bank-Bolivi-696x558.jpg 696w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\"\/><\/noscript><figcaption id=\"caption-attachment-472729\" class=\"wp-caption-text\">Central Bank Bolivia, HQ. (Photo web copy)<\/figcaption><\/figure>\n<p>Moody\u2019s Investors Service downgraded Bolivia\u2019s score as a long-term issuer in native and overseas forex this Friday and warned of a vulnerability that threatens macroeconomic stability.<\/p>\n<p>Moody\u2019s score was thought-about \u201chasty\u201d by the Government as a result of it didn&#8217;t take into account all of the macroeconomic variables of Bolivia and its uncontrolled inflation in a posh worldwide context of rising rates of interest, financial institution failures, the disaster in Ukraine, and different parts that affected the world financial system.<\/p>\n<p>According to the Ministry of Economy, in 2022, the motion of web worldwide reserves (NIR) was influenced by the hostile world context, similar to the rise in world gas costs, which meant a rise within the backed quantity of fuels.<\/p>\n<p>However, the Ministry of Economy assured that the insurance policies of the nationwide financial mannequin allowed for sustaining worth stability and the buying energy of Bolivian households.<\/p>\n<p>It ratified that Bolivia maintains the bottom inflation charge in South America because of the measures applied by the Government to stabilize the costs of the household basket and thus shield its inhabitants.<\/p>\n<p>He recalled that the era of Bolivian revenue isn&#8217;t restricted to the export of pure gasoline, neither is the vitality coverage restricted to those gross sales.<\/p>\n<p>\u201cIt does not take into account the progress achieved for the export of electric energy, urea, minerals, lithium carbonate, and potassium chloride, whose sales levels will increase in the short term, as well as the income generated by the commercialization of steel from the Mutun, among others\u201d, he added.<\/p>\n<\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The Government of Bolivia rejected this Friday\u2019s Moody\u2019s report that downgraded the nation\u2019s score with the danger of its macroeconomic stability and reaffirmed its financial and alternate charge coverage to maintain stability. \u201cMoody\u2019s rating agency is based on a conjunctural situation and ignores the other macroeconomic variables that contribute to national stability, price stability, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":88345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":{"0":"post-88343","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nightlife"},"_links":{"self":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/88343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=88343"}],"version-history":[{"count":0,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/88343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media\/88345"}],"wp:attachment":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=88343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=88343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=88343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}