I'm getting a bit obsessed with
In this first post, the subject was the general macro overview of the country.
This second post was about the unmitigated success story of
So today's third post kinda ties the fiscal background to current politics, and specifically looks at how the hydrocarbons revenues are being distributed inside Bolivia. This is because amongst the so-called "half-moon" states (departments) of East Bolivia (namely Tarija, Santa Cruz, Beni and Pando) one of the linchpins of the autonomist arguments is that they don't want their gas and oil tax revenues (known as 'IDH') from "their" gas and oil fields to be spread around the country. It's not fair, they say. Racist bastards I say, but instead of just fighting their fire with fire let's have a better look at the IDH revenues and how they are being spent.
To begin with, let's point you back to the second post in the
So now let's get to the point, and here's a chart that shows the amount of money handed to the nine departmental authorities by the national government in the last four years.
It must be pointed out that at this time the 2008 figures are still estimates, but as oil and gas prices have risen sharply since the beginning of the year when these figures were budgeted, it's nigh on certain that every cent will be handed over on schedule.
The first thing to note is that the gas-rich state of Tarija gets by far the most money from the IDH payments. It's then followed by
Secondly, note how every single department is receiving significantly more IDH money than in 2005 (pre-Evo). In fact if we look more closely at the four "half moon" states.........
..........we see that in the period 2005 to 2008, Tarija's revenues have increased by 104.4%,
So when supposedly neutral organizations such as the International Crisis Group call upon Evo Morales to suspend the state pension payments because it isn't fair on the departments who are looking to break away from the national government, it kind of makes those dudes look stupid too, doesn't it? To quote the influential ICG in its latest report:
"The government should provisionally stop taking IDH money away from the departments to finance its new pension fund (Renta Dignidad)...."
Or maybe...just maybe...these supposedly neutral third party observers have their own agenda to fill as well. Whatever, but the facts blow the suppositions out the water when it comes to Bolivian finances. And once again I'm left thinking, "Wow, a real live anti-imperialist revolutionary Socialist with a capital "S" who is being careful and smart with a nation's finances." It's certainly a refreshing change, no matter what your politics are.
Republished from inca kola news