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Bolivians bang pots and pans to protest against rising food prices and fuel shortage
The Star
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8/17/2024
Bolivians took to the streets of La Paz on Aug 16 to express their discontent over rising food prices and persistent fuel and dollar shortages that have disrupted the country's economy.
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00:00
Bolivians took to the streets on Friday to express their discontent over rising food
00:08
prices and fuel and dollar shortages that have disrupted the country's economy.
00:13
They banged pans and pots, calling on the government to find solutions to the economic
00:19
crisis.
00:20
The shortages have led to long queues at petrol stations and complaints from transportation
00:26
and logistics companies that the crisis has hampered their operations.
00:50
Bakers in El Alto said there is not enough of flour supply as the government announced
00:55
that it is allowing the import of wheat, including flour and grain, with zero tariff
01:01
until the end of December this year to guarantee supply to the market.
01:20
Bolivia spends about US$800 million annually to import half of the gasoline it requires
01:25
for domestic consumption and up to 80% of its diesel supplies, primarily from neighboring
01:32
South American nations.
01:34
Since 2023, dollar transactions in Bolivia have been irregular and banking institutions
01:40
have imposed restrictions on financial transactions conducted in dollars, leading to the emergence
01:46
of the black market.
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