• 2026.04.22 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

Bolivians Protest Nationwide Fuel Shortages and Economic Crisis

Yim Kwangsoo Correspondent / Updated : 2025-03-23 17:57:24
  • -
  • +
  • Print

Thousands of Bolivians took to the streets in La Paz and El Alto this Wednesday, staging massive protests against the country's critical shortage of dollars and fuel. The demonstrations, led by indigenous groups and transportation workers, paralyzed major thoroughfares and highlighted the growing economic strain on the nation.

Two distinct groups, one consisting of indigenous people dressed in traditional attire and the other made up of frustrated drivers, marched for hours from El Alto to the government seat in La Paz. The indigenous protesters, clad in red ponchos and black hats, surrounded the Plaza de Armas, where the presidential palace is located, clashing with riot police who had blocked access.

The protesters' grievances centered on the soaring cost of living, with indigenous leader Leonardo Quispe telling AFP that the price of essential goods was "very high." Government figures indicate that year-on-year inflation reached 12.03% in January, the highest level since 2008.

Fuel shortages have exacerbated the situation, particularly in rural areas. "The lack of fuel greatly harms us in the countryside," Quispe stated, threatening further action if the government fails to address their demands.

Bolivia's economic woes stem from a dwindling supply of US dollars, which has depleted the country's international reserves used to subsidize fuel imports. Driver Luis Chávez, who led the transportation workers' protest, told reporters, "This has been going on for a long time, the government has been given enough time to provide solutions."   

The strike by transportation workers in El Alto, home to La Paz's international airport, has crippled public transport services, forcing residents to walk or find alternative means of transportation. Clashes erupted between striking drivers and those who attempted to work, with reports of tire puncturing and other acts of vandalism.

The government, led by President Luis Arce, has announced measures to curb fuel consumption, including virtual school classes and a reduction in public transport vehicles. However, these measures have failed to quell the unrest, with the Ombudsman's Office reporting that 66% of the country's gas stations are without fuel.

As the protests intensify, both transportation workers and farmers have vowed to continue their demonstrations until their demands are met. The Deputy Minister of Citizen Security, Roberto Ríos, has accused political groups of exploiting the situation for pre-electoral gain, but the protesters remain determined to hold the government accountable for the country's economic crisis.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Yim Kwangsoo Correspondent
Yim Kwangsoo Correspondent

Popular articles

  • Won-Dollar Exchange Rate Surges to 1,515 Range Amid Triple Whammy: War, Oil Prices, and Foreign Capital Outflow

  • GIST Researchers Develop Next-Generation EV Battery: Full Charge in 12 Minutes with Enhanced Safety

  • LG AI Research Unveils ‘EXAONE 4.5’: A New Multimodal Powerhouse Outperforming Global Tech Giants

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065603383624270 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Theori Supplies ‘Xint,’ an AI-Powered Hacker Solution, to Samsung Electronics
  • Inzent Partners with Canada’s Solace to Accelerate Expansion in the Financial IT Market
  • FORCS to Unveil 'eformsign AI Assistant' at WIS 2026: A Revolution in AI-Powered Electronic Documents
  • [Interview] Chairman David Cha of ‘Ethiopia Bet’: "Building a House (Bet) of Self-Reliance Beyond Simple Relief"
  • Taiwanese Tourism Industry Experiences the Charm of Chungnam
  • A University Professor's Lament

Most Viewed

1
From the Alps to Seoul: Life in the Heart of Europe
2
BYD Hits 10,000-Unit Milestone in South Korea Within One Year, Eyes Exclusive "10,000 Club" Entry
3
$2 Million Per Ship: Iran’s "Hormuz Toll" Emerges as Chokepoint in Peace Talks
4
BOK Holds Rate Steady for Seventh Consecutive Meeting, Signaling End of Easing Cycle
5
Republican Party Faces "Total Crisis" as War and Inflation Cloud Midterm Outlook
광고문의
임시1
임시3
임시2

Hot Issue

Generative AI Use Triples Among Seoul Citizens, but Digital Divide Persists for Seniors

MAFRA Unveils Success in Integrated Rural Care: Synergizing Social Farming and Medical Services

Gov't Launches 'One-Team' Initiative to Transform Regional Airports into Tourism Hubs

Inzent Partners with Canada’s Solace to Accelerate Expansion in the Financial IT Market

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers