Bolivia to Spend $6.8B to Fight Poverty
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The funding will come chiefly from Bolivia's recently nationalized natural gas wealth, with international lenders and foreign investment also important sources.
The development plan, announced Friday, would significantly boost the state's role in the economy, creating jobs and delivering more basic public services such as subsidized meals for school children and greater access to potable water.
Bolivia will be "dismantling the neoliberal policies that have impregnated Bolivia in recent decades in order to build a social and communal state to live well," Carlos Villegas, the planning and development minister, told a crowd of dignitaries at the presidential palace that included foreign diplomats and representatives of the country's indigenous poor.
[...]
The funding will come chiefly from Bolivia's recently nationalized natural gas wealth, with international lenders and foreign investment also important sources.
The development plan, announced Friday, would significantly boost the state's role in the economy, creating jobs and delivering more basic public services such as subsidized meals for school children and greater access to potable water.
Bolivia will be "dismantling the neoliberal policies that have impregnated Bolivia in recent decades in order to build a social and communal state to live well," Carlos Villegas, the planning and development minister, told a crowd of dignitaries at the presidential palace that included foreign diplomats and representatives of the country's indigenous poor.
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