Evo Morales: from $300M to $2B a year revenue increase

Evo Morales

fantastic...! i've been rooting for evo from the start... may he continue to move in the light...

We Need Partners, Not Masters

Bolivian President Evo Morales visited Italy this week to receive a special award for his government's commitment to social and health issues. He has made these issues a "political priority."

The award was presented by the Pio Manzù Centre, a research organisation based in Rimini in northeast Italy that studies economic, scientific and social policies.

Besides meetings with Italian President Giorgio Napolitano and foreign affairs minister Massimo D'Alema, Morales met members of the 30,000 Bolivian community in Rome, and members of Italian social movements.

Morales told Rome's Bolivians that before he was elected President in December 2005, Bolivia received 300 million dollars a year in tax revenues from the oil industry. Following nationalisation of energy reserves, Bolivia now receives 2 billion dollars annually.

The increased revenues are being used for education and healthcare, and for creation of a microcredit programme, Morales says.

"To increase revenues there is no need to create additional taxes," he told Claudia Diez de Medina from IPS, "but simply to make better use of our natural resources." For this, he said, "we need partners, not masters."

damn right...! now, if he can lead the country away from a dependence on carbon-based energy and toward cheap, sustainable energy resources, he will have pulled off a true miracle...



President Evo Morales dancing the cueca "Viva mi patria, Bolivia"
with a Cochabambinean "cholita" during his meeting with the Bolivian
community in Rome at the Protomoteca room in Campidoglio,
on 28 October 2007.
Credit: Claudia Diez de Medina, IPS.

Submit To Propeller
Tweet