Arce Guarantees Fuel Supply From Monday and Suspends YPFB's Authorization to Use Virtual Assets

LA PEACE, 24 May (NOMADA NEWS). – President Luis Arce Catacora announced urgent measures to address the lack of fuel and speculation, 11 immediate enforcement measures and seven supreme decrees. “We want to tell the Bolivian people that we understand their discomfort because there is not enough fuel, and we understand their concern about speculation and agio,” the head of state remarked to start a joint conference with some of his ministers who …

The president said it is expected that in the following days approximately 149 million liters of liquid fuels will be unloaded in the Sica Sica Maritime Terminal.

Arce announces measures to curb scarcity and foreign exchange speculation, with the disembarkation of 149 million liters of fuel. President Luis Arce announced this Friday that, starting Monday, the supply of fuels will be guaranteed 100% on the country’s backbone, after days of shortages that generated long lines in service stations. In addition, by Supreme Decree 5399, the authorization to Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) to…

In addition, the president urged the municipal governments to exercise their role as price and weight controllers of the products in the supply centers.