Bolivia eliminates diesel subsidy, sets price at 17.95 bolivianos per liter

On September 18, 2026, the Bolivian government issued Supreme Decree 5716, eliminating the total subsidy on diesel and setting a new regulated price of 17.95 bolivianos per liter. The price will adjust automatically when international diesel prices vary by more than 5% from a reference average. The decree also extends tax incentives for Flex Fuel vehicle imports until 2030 and establishes 0% tariffs on certain gasoline imports until 2027. This policy shift aims to align domestic fuel prices with global markets and reduce fiscal burden.