US EditionLupo: Mas Governments Set up 67 Companies for $7.750 Million; only 18% Recovered
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The minister of the Presidency, José Luis Lupo, along with the director of Technical Office for the Strengthening of the Public Enterprise (OFEP), Pablo Camacho, identified public companies “zombi”, in technical bankruptcy and execution of projects that do not exceed 10%. Of 67 only 3 are profitable, and the cost of the incursion of the state into the economic activity represents a loss of more than 2.5 billion dollars. Lupo identified companies…
Since the ruling party, PDC Senator Victor Quispe supported the initiative and pointed out that its main objective is
The minister of the Presidency, José Luis Lupo, revealed a crude diagnosis of the public business sector: of the 67 companies created with international reserves since 2006, only YPFB, ENDE and the Comibol generate profits, concentrating 95% of all state revenues. The minister of the Presidency, José Luis Lupo, reported that only three of the 67 state companies created in the country currently are profitable. The authority presented this data du…
LA PEACE, Dec 15 (NOMADA NEWS).- The Minister of the Presidency, José Luis Lupo, published on Monday a report on the efforts of the last two decades that, he established that state companies “were not created to produce, but to allow looting” and established that, in that action, there are the figures that explain the current currency crisis, because 7,550 million dollars were disbursed from the country’s reserves, of which, only 18% were return…
🔊 Listen to this news The Minister of the Presidency, José Luis Lupo, denounced on December 15, 2025 that companies created during the governments of the Movement Towards Socialism (MAS) between 2006 and 2024 resulted in a plunder of State resources. Lupo announced that rigorous investigations will be carried out on the use of subsidies and the creation of these companies. Criticism of the management of MAS Lupo explained that during the 20 yea…
According to Lupo, the MAS governments raised the number of state enterprises to 67, but only three are profitable: YPFB, ENDE and Comibol.
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