The economic crisis in Bolivia has hit hard, with businesses struggling to survive and citizens facing shortages of U.S. dollars. The country’s dependence on the dollar, mounting debt, and lack of economic diversification have led to widespread poverty and distrust in the government.
President Luis Arce denies the severity of the crisis, despite opposition from economists and citizens. Many feel betrayed by the ongoing political feud between Arce and former President Evo Morales, which has only worsened the economic situation.
Business owners like Víctor Vargas are feeling the impact firsthand, with empty shops and a black market for dollars emerging. The shortage of dollars has led to inflated prices, making it difficult for working-class Bolivians like Pascuala Quispe to afford basic necessities.
With protests and strikes exacerbating the situation, citizens are losing faith in their leadership and seeking alternative solutions. As Bolivia faces uncertain times, the need for economic stability and government accountability has never been more apparent.