Bolivian Gov't Announces Measures to Curb Ongoing Crisis

Bolivian gov't announces measures to curb ongoing crisis

The Bolivian Government of President Luis Arce Catacora announced Friday a series of measures to tackle the rise in food prices, fuel shortages, dollar scarcity, and the declining purchasing power of the Bolivian currency.

The Bolivian government, led by President Luis Arce, announced a package of 11 urgent measures and 7 supreme decrees aimed at counteracting economic speculation and protecting citizens’ pockets. The initiative seeks to guarantee access to basic products and fuels at affordable prices, in a context of electoral conjuncture and external economic pressures. READ ALSO: President Arce denounces that Bolivian right wing speculates with prices as an el…

The Government decided to put into effect a battery of “11 measures and seven supreme decrees” to address the sustained rise in food supplies, fuel shortages, the scarcity of dollars and their rise in the parallel currency market and the loss of the purchasing power of the national currency.

La Paz, May 23, 2025 (ATB Digital).- The President of the State, Luis Arce, announced this Friday a package of 11 measures of immediate application and 7 supreme decrees aimed at combating the speculation of basic products of the family basket and guaranteeing the economic stability of the country. Among the most relevant provisions is the support to the national production, with emphasis on the poultry sector, to which soft credits will be gran…