BLOOMBERG/
S. Shahriari /
Perhaps shaken from food riots that forced him to cancel a recent visit to the mining city of Oruro, President Evo Morales may tap the central bank's record $10 billion usd reserves to boost agricultural production and stockpile food.
Consumer prices jumped by 1.76% in December from November, the biggest monthly rise since May 2008.
“The Bolivian state for the first time will produce food in order to stock it,” said Finance Minister Luis Arce. “We are looking at a food crisis that is coming.”
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