Bolivia freezes GLP price, adjusts distribution margins via tax credits

Bolivia's Supreme Decree 5746 freezes the price of liquefied petroleum gas (GLP) and adjusts commercialization margins to absorb diesel price variations, preventing pass-through to consumers. YPFB will be compensated through tax credit notes. This is a state intervention in energy pricing, likely aimed at containing inflation and social unrest, but it may strain YPFB's finances and distort market signals.