|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Bolivia

Morales Promises Bolivians Extra-Large Christmas Bonus

LA PAZ – President Evo Morales confirmed on Wednesday that Bolivia’s salaried workers will receive double the usual Christmas bonus this year thanks to strong economic growth.

The bonus is doubled in any year when the economy grows by more than 4.5 percent in June compared with the same month of the previous year.

Bolivia’s economy expanded by 4.61 percent during the 12 months that ended June 30.

Morales also said that the figures are backed by international organisms, including the International Monetary Fund and the World Bank, who he said forecasts that the country’s economy will grow by approximately 4.5 percent in 2018.

The president added that Bolivia is expected to become the fastest growing South American economy.

“Bolivia’s economic growth is astonishing the world,” he said, adding that the economy is jump starting after oil prices dropped in 2017, affecting natural gas, the Andean nation’s chief export.

Morales also called the confirmation regarding the increase in Christmas bonuses “good news,” and said that he trusts that his country will continue growing due to his administration’s push for the industrialization of natural resources, such as the country’s vast lithium deposits.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved