US EditionRodrigo Paz sworn in as Bolivia’s new president, ending 20 years of one-party rule
Rodrigo Paz ends 20 years of socialist rule, pledging market reforms amid 20% inflation, fuel shortages, and plans to boost foreign investment, officials said.
- Rodrigo Paz was sworn in as Bolivia's new president, ending 20 years of one-party rule by the Movement Toward Socialism party.
- Paz promised a policy of 'capitalism for all' and plans to move gradually to a market-oriented economy, restoring ties with the United States.
- Bolivia faces economic crisis with acute US dollar shortages after the previous government exhausted reserves to prop up fuel assistance.
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99 Articles
In Bolivia, an almost 20-year era of left-wing governments has come to an end: Rodrigo Paz, a moderate reformer, has been sworn in as president. The challenges in the crisis-ridden country are significant.
Bolivia inaugurated this Saturday a new political stage with Rodrigo Paz Pereira as president of the State. At 58 years old, the president swore the office with a direct message: “God, family and homeland, yes I swear”. With that phrase he set the ideological tone of his government in a country hit by the economic crisis, inflation, fuel shortages and an institutional deterioration. The event was held on Saturday morning in the Plurinational Leg…
The 58-year-old mid-right took office in the midst of a strong economic crisis; Milei participated in the ceremony
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