Bolivia power take over fuels tensions
- 12 years ago
The Bolivian government has nationalised four power companies, assuming control of 80 per cent of the country's electricity.
Evo Morales, president, signed the decree at one of the companies in the city of Cochabamba on Saturday, hours after police had moved in to secure them.
Since taking office in 2006, Morales has nationalised more than a dozen energy companies.
He says profits generated from the firms will will fund social programmes for Bolivia's "marginalised" indigenous communities.
Monica Villamizar reports on how the move is widening tensions in the country.
[May 2, 2010]
Evo Morales, president, signed the decree at one of the companies in the city of Cochabamba on Saturday, hours after police had moved in to secure them.
Since taking office in 2006, Morales has nationalised more than a dozen energy companies.
He says profits generated from the firms will will fund social programmes for Bolivia's "marginalised" indigenous communities.
Monica Villamizar reports on how the move is widening tensions in the country.
[May 2, 2010]