February 24 2016
The smear campaign against Bolivian President Evo Morales has borne fruit as the US funded “No” side in the national referendum has won a narrow victory over the “Yes” of 51.3 percent versus 48.7 percent with 99.5 percent of votes counted, according to reports from Bolivia’s electoral authorities Bolivian President Evo Morales will not run for re-election in 2019 .
Morales, Bolivia’s first indigenous president, has adopted policies which have lifted millions out of poverty and has implemented a variety of state-funded social programs which have reduced extreme poverty from 38.2 percent in 2005 to 21.6 percent in 2012.
Over the past nine years, Morales’ macro-economic policies increased state revenue from the country’s natural resources which enabled increased investment in public spending by over 750 percent.
Under the Bolivia Changes, Evo Comes Through initiative, Morales’ government provided small-scale infrastructure projects to many underprivileged communities, allocating over US$1 billion for over 5,000 projects throughout…
View original post 290 more words