1945

In 2003 a project to export natural gas to the United States triggered a political upheaval that led, in October, to the President’s resignation and constitutional replacement by the Vice-President. Earlier, a serious conflict had arisen in February over the government’s attempt to introduce a new tax, among other issues. Both events had repercussions on the economic situation and resulted in a new political and economic agenda that entailed the revision of hydrocarbon-sector regulations (reform of the Hydrocarbons Act and a referendum on gas exports) and the review of certain aspects of the political structure (including a call for a constituent assembly).

Related Subject(s): Economic and Social Development
Countries: Bolivia
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