BOLIVIA: ECONOMIC PROBLEMS FORCE MILITARY GOVERNMENT TO IMPLEMENT POLITICAL REFORMS.

Record ID: 861129

  • Title: BOLIVIA: ECONOMIC PROBLEMS FORCE MILITARY GOVERNMENT TO IMPLEMENT POLITICAL REFORMS.
  • Date: 19th July 1982
  • Summary: LA PAZ, BOLIVIA ( RECENT 1982) (REUTERS - DANIEL BAUER) SV Railway sidings. 1.06 SV PULL OUT TO GV Railway waggons unloaded. 1.17 GV PAN Closed factory. 1.25 GV Gas storage tanks. 1.33 SV PAN People lining up outside shop ( in traditional costume) to buy food. (2 SHOTS) 1.43 CU INT Items of food on shelves. (3 SHOTS) 1.56 GV People lining up outside shop. 1.59 InitialsPW/JRS Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 3rd August 1982 13:00
  • Keywords:
  • Location: Bolivia, Plurinational State Of
  • City:
  • Country: Bolivia
  • Topics: Economy,Politics
  • Reuters ID: LVA66GL8E6GUM41VA2TZX3TH9I1A
  • Aspect Ratio:
  • Story Text: Bolivia's desperate economic situation, with rampant inflation, a devalued currency and spiralling import prices, has led the military leadership to the country to announce political reforms. Political parties and trade unions, outlawed since the military take-over of 1980, have now been made legal once more and plans are being made for the holding of general elections. The reforms are seen as an attempt to rally public opinion behind the government in the fate of mounting dissatisfaction, which led to street clashes between security forces and groups demanding wage increases. Earlier in the year, the Bolivian peso was devalued, the price of imported foodstuffs shot up by as much as 500 per cent, and petrol and electricity prices rose by over 40 per cent. But an emergency package of economic reforms has done little to stabilise the economy of Bolivia, saddled with an external international debt of 3,800 million dollars and virtually no reserves.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2013. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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