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Evo to Thump Privatization (Bolivia) [View All]

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IndianaGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-26-05 11:13 PM
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Evo to Thump Privatization (Bolivia)
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Evo to Thump Privatization

La Paz, Dec 26 (Prensa Latina) Bolivian President-elect Evo Morales plans to deal a harsh blow to privatizations in his country when the legislation that created them twenty years ago is abolished, MAS spokespeople said Monday.

The Movement toward Socialism (MAS) spokespeople announced the measure seeks to change the prevailing economic model in defense of indigenous and farmer interests during a meeting with leaders of the Trade Union Federation of Mining Workers.

Carlos Villegas, MAS advisor, recalled that ex President Victor Paz changed the economic paradigm which was State-led at that time.

Under his political influence the successive governments of Jaime Paz (1989-1993) and Gonzalez Sanchez de Lozada (1993-1997) privatized 95 percent of the public enterprises, among them oil and communication, said Villegas.

The future administration will reject this because it "increased unemployment and labor instability," asserted the indigenous representative.

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