Venezuela’s government is quietly rolling back a decades-long policy of subsidizing electricity, water, gas and road tolls to shore up fiscal accounts, shifting the costs to businesses and individuals long accustomed to cheap utilities.
Across the South American country, light and water bills are rising. Tolls have been reinstated in several states. Gasoline stations are increasingly charging US dollars. And Nicolas Maduro’s government is ceding control of the sale of cooking gas and the levying of taxes to municipalities.