
Bolivia's government has called on the armed forces to tighten border controls to curb the smuggling of state-subsidized fuels, a move it believes will save state coffers some $250 million per year.
Keeping fuel prices steady, currently 3.74 bolivianos ($0.5452) per liter for gasoline and 3.72 bolivianos per liter for diesel, cost Bolivia $1.7 billion last year alone, according to data from state oil firm YPFB.