
Hormando Vaca Díez
Hormando Vaca Díez is a prominent Bolivian politician and former Minister of Hydrocarbons known for his influential role in the nationalization of the gas and oil industry in Bolivia. His actions in increasing the tax on hydrocarbons significantly impacted the country's revenue, marking a pivotal moment in the management of Bolivia's natural resources. Vaca Díez's policies aimed to assert national control over energy resources and have been a subject of analysis regarding their long-term economic implications.
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Bolivia:
Hormando Vaca Díez was responsible for increasing the tax on hydrocarbons significantly.
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