{
  "id": 8418540,
  "title": "Bolivia Ends Cheap Diesel, Lifting Prices 83% a Day After IMF Loan Vote",
  "url": "https://urgent.news/2026/09/19/bolivia-ends-cheap-diesel-lifting-prices-83-a-day-after-imf-loan-vote",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T08:06:48.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/bolivia-diesel-subsidy-removed-imf-loan-senate-2026/"
  },
  "original_language": "en",
  "account": "Bolivia has ended its 20-year policy of subsidising diesel prices, which led to an 83% increase in the price of diesel on the day of the change. This comes after Congress approved a US$1.9 billion loan from the International Monetary Fund. President Rodrigo Paz announced the change in the Supreme Decree 5716 on Saturday, September 19, 2026. The new diesel price is Bs17.95 per litre, which includes value-added tax and applies to all consumers. This represents an 83% increase from the previous subsidized rate. The IMF loan was a crucial step in addressing Bolivia's severe dollar shortage and chronic fuel shortages, which have been exacerbated by rising inflation. The subsidy for diesel cost the state over US$2 billion annually, and the government is now shifting to a price formula tied to the cost of imported fuel. This move aims to reduce smuggling, fuel station queues, and improve the economy's overall stability.",
  "summary": "Bolivia scrapped its last diesel subsidy, raising pump prices 83 per cent amid a dollar shortage, a day after Congress backed an IMF loan. The post Bolivia Ends Cheap Diesel, Lifting Prices 83% a Day After IMF Loan Vote appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}