Luis Arce

Luis Alberto Arce Catacora (La Paz, September 28, 1963) is a Bolivian economist, university professor, and politician who was the 67th President of Bolivia from November 8, 2020 to November 8, 2025. He was Bolivia's Minister of Economy and Public Finance from 2006 to 2017 and again in 2019. He is recognized as the architect of Bolivia's economic growth during Evo Morales's presidency.[1]


Luis Arce Catacora
Luis Alberto Arce Catacora (Official Portrait, 2020) Cropped I.png
Official portrait, 2020
67th President of Bolivia
In office
8 November 2020 – 8 November 2025
Vice PresidentDavid Choquehuanca
Preceded byJeanine Áñez
Succeeded byRodrigo Paz
Minister of Economy and Public Finance
In office
23 January 2019 – 10 November 2019
PresidentEvo Morales
Preceded byMario Guillén Suárez
Succeeded byJosé Luis Parada Rivero
In office
23 January 2006 – 24 June 2017
PresidentEvo Morales
Preceded byWaldo Gutiérrez Iriarte
Succeeded byMario Guillén Suárez
Personal details
Born
Luis Alberto Arce Catacora

28 September 1963 (aged 62)
La Paz, Bolivia
Political partyMAS-IPSP
Spouse(s)Lourdes Brigida Durán Romero
Children3
ParentsCarlos Arce
Olga Catacora
Alma materHigher University of San Andrés
University of Warwick
Signature

In January 2020, he was elected candidate for the presidency of Bolivia for the October 2020 national elections by the Movimiento al Socialismo (MAS) party, along with former chancellor David Choquehuanca as a candidate for vice presidency.[1] The elections happened on October 18, 2020 and according the country's election commission, Arce was elected president with an absolute majority of 55.1%.[2][3]

Minister of Economy

On January 23, 2006, Arce was chosen by President Evo Morales to be Minister of Finance. Three years later, in 2009, he took charge of the new Ministry of Economy and Public Finance.[4] Arce watch over the nationalization of hydrocarbon, telecommunications and mining companies in Bolivia. During his ministry, Bolivian GDP increased by 344% and extreme poorness dropped from 38% to 15%.[5][6]

Presidency

The first thing Arce did when he swore into the presidency is revert the recognition of the Venezuelan president to Maduro.[7]

Luis Arce Media

Related pages

References

  1. 1.0 1.1 Bolivia election: Evo Morales's leftwing party celebrates stunning comeback. The Guardian (19 October 2020). Retrieved 19 October 2020.
  2. Anonym. Bolivia published the results of the presidential elections | tellerreport.com (in en). www.tellerreport.com. Retrieved 2020-10-26.
  3. Molina, Fernando. El escrutinio oficial en Bolivia confirma la victoria de Luis Arce con el 55,1% de los votos (in es). EL PAÍS (2020-10-23). Retrieved 2020-10-26.
  4. Economía y finanzas - El milagro económico de Bolivia. RFI (2015-07-01). Retrieved 2020-11-02.
  5. Staff, Reuters (2020-10-19). "PERFIL-Arce, el padre del "milagro boliviano" que devuelve el socialismo al poder" (in fr). Reuters. https://fr.reuters.com/article/politica-bolivia-arce-idARL1N2HA0T8. Retrieved 2020-11-02. 
  6. Lazcano, Miguel. Bolivia redujo a mayor ritmo la pobreza extrema. La Razón (2019-10-08). Retrieved 2020-01-26.
  7. Bolivia cambia su política exterior retomando relaciones con Irán y Venezuela (in es). www.efe.com. Retrieved 2021-04-16.