Inflation Crisis Hits Bolivia: Skyrocketing Prices and Fuel Shortages

La Paz, Bolivia, is grappling with severe inflation and fuel shortages, impacting daily life. Economic woes stem from dwindling gas production and a dollar shortage. Homemaker Angelica Zapata highlights price surges at markets. The crisis has triggered protests and challenges for President Luis Arce, with upcoming elections looming.

Bolivia is facing an inflation crisis as prices surge at an unprecedented rate, driven by a shortage of fuel and dollars. The economic situation has sparked political unrest, protests, and challenges for the government.

Residents, including homemaker Angelica Zapata, are struggling with the rising costs of essentials like food and fuel. The price hikes come as Bolivia's foreign currency reserves dwindle, influenced by halted energy production and exports.

As the country braces for general elections, President Luis Arce's administration contends with diminishing popularity and mounting pressure to address the economic crisis. Import dependencies rise as fuel subsidies strain, leading to further discontent among citizens.

(With inputs from agencies.)