Bolivia is facing a heavy fuel shortage that threatens to break the economy and food safety. Citizens stretching outside of gas stations within the country, wait for the day to get a limited amount of diesel and gasoline.
Santa Cruz farmers wait for soy products hanging in the balance sheet. Decay in planting areas, without enough diesel for tractors and machines. Joel Eizaguirre, a soy producer, sounds of growing concerns.
“We will stay with manufacturers who make different. It will affect everyone,” he warns. Agricultural Chamber, Santa Cruz requires only 3.3 million liters of diesel daily.
The region is currently only 700,000 liters per day. Experts predict catastrophic effects in food production that can create shortcomings in 2025. Transport services have a total of 35-50% potential in Bolivia.
Trust unions have given a 48-hour ultimatum to the government of President Luis Arce, who threatened national holidays if the solutions were not immediately transferred. The crisis was reduced by Bolivia’s foreign exchange reserves and the production of local gas production.
The country has already maintained 86% of the diesel and 56% of gasoline, unstable subsidies. Fuel is sold for $ 0.53 per liter – less than international price.
Bolivia’s economic crisis
President Arce, virtual classes, working hours have taken urgent measures, including reduced work hours and permission to imports of crypto. His 10 March Order belongs to the state Ypfb To use “virtual assets” to pay international suppliers – a dramatic reverse of Bolivia’s previous cryptoan ban.
Citizens express frustration of growing by wide protests. Women march with empty containers in Santa Cruz, while farmers block the keys. The Multisectoral Committee called on Patacamaya from March 18 to La Paz on March 18.
Economic confusion, popularity shows up to 5% political pressure from the August elections. Without structural reforms, experts at once continue to deteriorate economic for the strength of South America’s natural gas.
