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Minister of Economy and Public Finance of Bolivia, Marcelo Montenegrosaid on Tuesday that Santa Cruzthe largest region in the country, is punishing itself with the protests it holds against the arrest of its governor, due to the economic “interdependence” of this department with the rest of the country.
At a meeting with correspondents of the international press, Montenegro He argued that roadblocks and threats to stop shipping Santa Cruz agricultural products to the rest of the country were not sustainable for the region.
According to the agency, large agro-industrial producers are focused on the export of soy derivatives, while small ones supply the domestic market in Santa Cruz and other departments, and “depend” on this sale.
“If they don’t let them sell in the interior, what will happen? This manufacturer may make minimal compensation for the increase in prices for what he sells there (in Santa Cruz), but he will lose production. It won’t help him. then allow leverage for next year,” he said.
Therefore, he believed that it was “inappropriate” to say “everything for Santa Cruz and dies Bolivian”, because there is “interdependence, interconnection” of the region with other departments.
Montenegro gave as an example what happened to Russia and the sale of natural gas, which “shut him down”, causing his income to fall.
“We do not believe that punishment at all Bolivianthe strongest punishment for Santa Cruz”, he insisted and pointed out that regional community leaders should think that they are going to “damage income, production and network, the entire business structure of micro-manufacturers, the average manufacturer” from Santa Cruz.
He also considered that even exporters will have to “be sure to look at the domestic market”, as there will be a “slowdown” and external markets will not be “as dynamic as in 2022.”
According to Montenegro, Santa Cruz produces 55 to 60% of intermediate inputs and 18 to 20% of legumes and vegetables.
He also warned that while some stop selling, others will see opportunities and “market niches.”
Protests in Santa Cruz
Santa Cruz it stopped for 36 days from October to November due to the early completion of the population census.
Experts warn that the conflicts that returned to this department at the end of December due to the arrest of its governor, the opposition Luis Fernando Camachocould complicate the country’s economic performance this year, as the region is considered the engine of Bolivia’s development.
Montenegro He pointed out that the census strike slowed down trade, but that activity recovered in December after the protest was suspended.
According to him, “economic activity continues in Santa Cruz And this will continue because they cannot afford to revert to the same logic after 36 days of unemployment and lose economic opportunities.
Camacho He was detained as part of the Coup d’état I investigation in connection with the political and social crisis of 2019 and is serving preventive detention at Chonchocoro Maximum Security Prison in the highlands of La Paz.
(As reported by EFE)
Source: RPP
I’m a passionate and motivated journalist with a focus on world news. My experience spans across various media outlets, including Buna Times where I serve as an author. Over the years, I have become well-versed in researching and reporting on global topics, ranging from international politics to current events.