Bolivia raises fuel subsidy cap to Bs 6bn to cover import costs

Bolivia's Executive increased the Treasury's allocation limit to YPFB from Bs 2 billion to Bs 6 billion to cover the gap between crude import costs and domestic fuel prices. This continues an established pattern of state-funded fuel price stabilization, but the tripling of the cap signals growing fiscal strain amid global energy prices. The measure aims to ensure supply and price stability, though it raises concerns about fiscal sustainability.