Bolivian president rescinds decree on fuel prices
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Bolivian president rescinds decree on fuel prices

Moscow : Russia | Dec 31, 2010 at 7:06 PM PST
Source: The Age
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Vice President Alvaro Garcia issued the decree on Sunday removing subsidies that keep fuel prices artificially low but cost the Bolivian government an estimated 380 million US dollars per year. As a result fuel prices went up as high as 83 percent in the sharpest fuel price increases since 1991. FULL ARTICLE AT The Age
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Bolivia is rasing fuel prices in part because subsidized fuel was being smuggled across Bolivia's borders
Bolivia is rasing fuel prices in part because subsidized fuel was being smuggled across Bolivia's borders
 
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