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TeleSUR correspondent, Freddy Morales, reports that the government of Bolivia cannot guarantee a normal fuel supply, due to the legislative boycott and the strangled external financing. teleSUR
Transcript
00:00We go now to Bolivia as President Arce warned that his government does not guarantee the normal supply of fuel
00:07because the government continues to be subject to a boycott by the legislative majority.
00:13Our correspondent, Freddy Morales, with more.
00:16President Luis Arce dijo que sus predicciones, en sentido de que la economía del país...
00:20President Luis Arce dijo que sus predicciones de que la economía del país...
00:23...y sufrirá consecuencias de que la legislatura se acuerda de crédito.
00:26Cuando yo iba a entregar obras a los diferentes municipios, yo reclamaba...
00:32When I was delivering works to the different municipalities, I was claiming that the assembly was not approving...
00:37...and that this was going to go against the people's pockets.
00:39And that is exactly what has happened.
00:41But I also told them that those same people who are strangling external financing to the Bolivian people in the assembly...
00:47...are going to be the ones who are going to ask for their vote, and we have not been wrong in that either.
00:51The freezing of foreign credits prevents the country from having dollars to buy fuels, so there has been a shortage of gasoline and diesel for more than a year.
01:06As long as we have strangled external financing, as long as we do not have the possibility of generating the resources for the purchase and supply of diesel and gasoline, of course this is not guaranteed.
01:21In spite of the efforts we are making from the national government, if this is not accompanied by the assembly and other instances to be able to make external financing viable, it is very difficult to do.
01:30The shortage of dollars is compounded by the domestic increase in fuel prices.
01:46At the moment we are supplying 100% of the fuel demand, but that is insufficient to reduce the lines and things, it is necessary to inject more than 120.
01:54130 per day to the national economy, so that the lines can be reduced, meanwhile we will be in this situation for lack of external financing that I have claimed.
02:12The situation, which has resulted in an economic crisis due to the general increase in prices, is a logical consequence of the actions of the political opposition.
02:20This is the fruit of the economic strangulation that has taken the country in two and a half years, this is the accumulation, the political calculation that has managed to make it a reality.
02:32According to the government, income from gas exports fell from $6,000 to $1,600 million per year, and private exporters do not return their foreign currency to the country which must pay more than $3,000 million for fuel imports and $1,400 million for payment of the foreign debt.
02:55The economic crisis is the banner of the right wing in the electoral campaign which will conclude with the elections of next August 17.

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