LA PAZ._ President Evo Morales highlighted the transformations made by the Bolivian government throughout his ten years in power, having turned one of the poorest South American countries into the one with the highest growth rate in the region, for the benefit of the people and with the consequent reduction of poverty.

During the opening ceremony of the 2016-2017 legislative assembly on January 22, Evo Morales referred to the government performance during the 2006-2015 period, stressing that the country now registers one of the most stable growth rates, despite the reduction in oil prices.

LA PAZ._ President Evo Morales highlighted the transformations made by the Bolivian government throughout his ten years in power, having turned one of the poorest South American countries into the one with the highest growth rate in the region, for the benefit of the people and with the consequent reduction of poverty.He recalled his expulsion from Congress when serving as parliamentary deputy for having defended the people’s rights. He was then accused by politicians of being a terrorist and a drug dealer. “Now this man once expelled (from Congress) is speaking here as the president of a multinational State,” he noted.

Regarding this, Morales specially thanked all social and indigenous movements who joined efforts and defeated those forces that were attempting to disqualify him from becoming president.

As opposed to 30 years of neoliberal governments, “we now have the duty of reporting on the government performance over the past ten years, with a productive social model aiming to provide the people with a better life”.

“Upon assuming power in 2005 the gap between the rich and the poor was 128 times bigger but in 2014 it was cut to only 39 times; while the poverty rate decreased from 38 to 17 percent,” Evo stressed.

From 1996 to 2005, the Real Gross Domestic Product grew by 3.2 percent, accounting for an average five percent growth over the past ten years.

Between 1986 and 2005, the Nominal Gross Domestic Product rose from $6,754 million to some $22,806 million, equivalent to a 193 percent growth, Morales said.

“In 2005, Bolivia’s GDP recorded $9 billion and even though we did not grow much in 2015, that indicator is averaging around $33.79 billion,” the president sustained. In 20 years of neoliberal governments, the average GDP per capita was at some $ 872, a figure that rose to $2,226 over the past ten years.

The DGP per capita increased from $1,000 in 2005 to $3,119 in 2015.

In regards to the inflation rate, the indicator was registered at 11.5 percent before Morales assumed office, and has now been brought down to 6.3 percent.

The president also referred to the increase in state funds for provincial and municipal governments and public universities, which grew 460 percent throughout the past ten years of the Bolivian revolution.

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