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President Arce to share successful economic model with BRICS

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Johannesburg, South Africa Aug 23 (Prensa Latina) Bolivian President Luis Arce arrived Wednesday in South Africa to attend the 15th BRICS Summit, in order to share his domestic experience of the Productive Social Community Economic Model (MESCP).

Sources from the Bolivian delegation informed that Luis Arce will speak out on August 24 and show MESCP´s strength, which in an adverse international context maintains favorable indicators.

According to the Development Planning Minister Sergio Cusicanqui, Bolivian growth is higher than the Latin American average, which by 2023 projects only 1.6%, whilst the Plurinational State is growing at 2.3% above the regional average.

Cusicanqui reaffirmed in this context that Bolivia continues with a low inflation rate, which in June reached 0.8% barely.

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