Bolivia's President Arce Announces 11 Emergency Economic Measures

Bolivia's Economic Crisis: President Arce Unveils 11 Measures LA PAZ, BOLIVIA – In response to a growing economic crisis, Bolivian President Luis Arce announced 11 key economic measures on May 23, 2025. These measures aim to stabilize prices, control contraband, and support small producers. The government's actions follow concerns about rising food and fuel costs. One significant measure is the increased militarization of borders to combat smuggling. "We are deploying an additional 1480 officers to strengthen border controls," a government official stated. This reflects the government's commitment to tackling supply chain issues. Another measure focuses on supporting small producers. A new fund of 22 million Bolivianos will provide low-interest loans to farmers. "This initiative will help ensure food security and support our agricultural sector," President Arce emphasized in his address. The government also announced the regularization of fuel distribution beginning May 26th. This aims to address fuel shortages in major cities like La Paz, Santa Cruz, and Cochabamba. The government's comprehensive approach to the economic crisis demonstrates a proactive response. The success of these measures will depend on effective implementation and collaboration between the government, municipalities, and the private sector.