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7.0

Bolivia removes diesel subsidy, aligning prices with international levels

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.

El Deberabout 2 hours agoBOCredibility 20%View source

Score Breakdown

Mosaic Score7.0
Confidence0.7
Significance0.8
Source credibility0.2
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