Hard Currency Shortage

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A Chaotic Gold Rush Helps Bolivia Prop Up Finances
Bloomberg Televisionยท 2025-08-19 07:00
As Bolivia's economic crisis worsens, the mining operations behind me are becoming even more important. As much as 60 tons of gold a year that's extracted from rivers and mountains in Bolivia is helping plug the gap in Bolivia's finances. That's at a time when natural gas exports have fallen sharply.The lithium boom is yet to happen. That leaves gold as a way to plug the gap as the government struggles to find hard currency to supply heavily subsidized fuel to the population. The hard currency shortage is e ...