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Rodrigo Paz Inaugurated as Bolivia's President Amid Crisis

11/9/2025

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Summary

Story summary

Rodrigo Paz, Bolivia's pro-business conservative who won the run-off, was inaugurated as president amid Bolivia's worst economic crisis in 40 years, with inflation above 20% and fuel shortages.
He seeks to shift Bolivia's direction after nearly two decades of left-wing governance by the Movement for Socialism (MAS).
In his speech, Paz advocated a 'capitalism for all' approach, promising reform while maintaining social programs and restoring ties with the United States.

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Story summary

Rodrigo Paz, Bolivia's pro-business conservative who won the run-off, was inaugurated as president amid Bolivia's worst economic crisis in 40 years, with inflation above 20% and fuel shortages.
He seeks to shift Bolivia's direction after nearly two decades of left-wing governance by the Movement for Socialism (MAS).
In his speech, Paz advocated a 'capitalism for all' approach, promising reform while maintaining social programs and restoring ties with the United States.