On the other hand, García Linera announced a rise in the price of petrol and diesel, with a freeze on prices of CNG and LPG. He justified the decision by disclosing that the subsidy on liquid fuels grew from USD 120 million to 380 million and that the trend will continue to rise if no protective measures are undertaken.
“We want to use that grant money for the benefit of Bolivian people, for the needy,” he said at a press conference, while announced that gasoline will rise from 3.74 to 6.47 Bolivianos (local currency), especial gasoline from 4.79 to 7.51 Bolivianos, and diesel from 3.72 to 6.80 Bolivianos.
Furthermore, Minister of Hydrocarbons and Energy Luis Fernando Vincenti reported that the next administration is expected to convert at least 80,000 units of the unionized and also particular transportation through the Executing Agency of CNG Conversion (EEC-GNV, as in its Spanish acronym). “We are focusing our work in the country’s central axis, which has 83 percent of the national fleet. On January 3rd, we will start the activity of this agency,” he said.