[What a novel idea. The Bolivian government provides price relief for the poor. -jlt]
The Bolivian government will allot 1.8 billion dollars in 2009 to subsidize fuel and food prices, La Prensa daily reported on Sunday.
President Evo Morales´ government is planning to invest 500 million dollars to keep the price of gas, diesel, and butane cooking gas affordable for average citizen. Another $850 millions will be alloted to prevent an increase in food prices.
According to the paper, funds will also be used to guarantee the payment of bonuses to elderly people and elementary school students, which had been neglected by previous administrations.Recommend this Post
Monday, January 05, 2009
"Gas, food prices to remain affordable in Bolivia," NAM News Network - Prensa latina, January 5, 2009.
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