Rodrigo Paz faces Bolivia’s worst economic crisis in 40 years, with high inflation and a shortage of fuel and dollars.
Rodrigo Paz has been inaugurated as Bolivia’s president, marking a shift from nearly 20 years of leftist governance. He faces a severe economic crisis, with inflation exceeding 20% and dwindling fuel and dollar reserves. Promising a “capitalism for all” approach, Paz aims to stabilize the economy while maintaining social programs, despite skepticism from economists. He also seeks to restore international relations, particularly with the U.S., after years of isolation.
