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Weekly Report - 31 August 2017 (WR-17-34)
BOLIVIA: Morales upsets private sector
The Movimiento al Socialismo (MAS) government led by President Evo Morales has decreed a reduction in industrial gas subsidies for the first time in nearly two decades. The move is sparking anger from the private sector which is warning that it could impact on foreign investment. These warnings come as a recent report by the Economic Commission for Latin America & the Caribbean (Eclac) shows that foreign direct investment (FDI) in Bolivia is at a 10-year low and the latest official figures point to slowing growth.
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