💨 Abstract

Bakers in Bolivia are struggling due to a government-mandated bread subsidy, which forces them to sell loaves at a fixed price far below market value. As inflation and a cash crunch have reduced the size of these loaves, many bakers face potential bankruptcy. Bolivians are now grappling with increased costs and scarcity, sparking a debate over subsidy reforms ahead of the presidential election.

Courtesy: WTOP Staff