MarketsHighSingle-sourceBuilding
6.8
Bolivia races to meet IMF deadline on fuel subsidy phase-out
El DeberLO·BO·about 7 hours ago
Bolivia's president announced the removal of the diesel subsidy, causing domestic prices to match international levels. This marks a significant policy shift, likely aimed at fiscal consolidation but will increase fuel costs. The announcement also included social bonuses and credits to cushion the impact on productive sectors.