Rodrigo Paz Pereira, winner of the unprecedented second round held in October in Bolivia, He is sworn in as president this Saturday And in this way, a new political and economic cycle begins in the country, with the leaders of Argentina, Chile, Ecuador and Uruguay as witnesses.

Paz's administration begins in a context of profound crisis: Shortages of dollars and fuel, inflation, and rising prices for food and services The newly elected president promised to implement a model of “ capitalism for all ”, with cheap loans for entrepreneurs and tariff reductions on the import of technology and vehicles.

Last week, Paz traveled to the United States to meet with multilateral organizations and secure fuel supplies and the arrival of dollars to the country. During his visit, He met with the US Secretary of State, Marco Rubio , in what his office highlighted as the beginning of a “ new stage"in the bilateral relationship, distancing itself from the position of the leaders of the last two decades."

The ceremony is being attended by the leaders of Argentina, Javier Milei ; Chili, Gabriel Boric Ecuador, Daniel Noboa and Uruguay, Yamando Orsi , in addition to European authorities such as the Executive Vice-President of the European Commission, Teresa Ribera , and the Speaker of the Spanish Congress, Francina Armengol.

Also present at the event are the President of the Council of Ministers, Ernesto Álvarez ; the Argentine foreign minister, Pablo Quirno ; and the United States Under Secretary of State, Christopher Landau.

On the political front, the incoming administration distanced itself from Cuba, Nicaragua, and Venezuela, excluding them from the swearing-in ceremony scheduled for this Saturday.