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Bolivia assures macroeconomic stability and social policies

Bolivia assures macroeconomic stability and social policies

La Paz, Nov 23 (Prensa Latina) President Luis Arce wrote on Twitter on Wednesday that next year's State General Budget (PGE 2023) guarantees macroeconomic stability and social policies.

“With the PGE 2023, we guarantee macroeconomic stability with a GDP growth of 4.86 percent for next year; taking care of finances sustainability, we deepen industrialization with import substitution and strengthen the productive apparatus,” Arce tweeted.

The president also tweeted that the country will continue to carry out social policies with the redistribution of surpluses.

Speaking on the issue, Economy and Finance Minister Marcelo Montenegro confirmed that the Executive Branch sent the PGE 2023 project to the Plurinational Legislative Assembly on October 31, 2022, as the constitutional terms for its respective analysis and treatment state.

Montenegro reiterated that the document seeks to deepen the industrialization process with import substitution, strengthen the productive apparatus with incentive policies, promote productivity, and continue executing social policies to redistribute surpluses.

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