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Venezuela: Fee Hikes for the Caracas Metro and the Bolivarian University

Categories: Latin America, Venezuela, Economics & Business, Governance

Setty writes about [1] recent price hikes that, he argues, are getting little attention: “The Caracas Metro is tripling its fares [2], from 0.50 bolivars to 1 bolivar in June and 1.50 in December. Meanwhile, a friend who takes language classes at a Bolivarian University [3], President Hugo Chavez’s new public university system, tells me that the university abruptly announced it would start charging tuition [4]. Retroactively [5].”