Luis Arce

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Luis Arce Catacora
Luis Arce (23588020275) (cropped).jpg
82nd President of Bolivia
Assumed office
8 November 2020
Vice PresidentDavid Choquehuanca
Preceded byJeanine Áñez (interim)
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

(1963-09-28) 28 September 1963 (age 57)
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

Luis Alberto "Lucho" Arce Catacora (born 28 September 1963) is a Bolivian politician. In November 2020, he became the President of Bolivia.[1]

He served as the Minister of Economy and Public Finance (2006–2017, 2019) under president Evo Morales.[2]

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 in October 18, 2020 and according the country's election commission, Arce was elected president with an absolute majority of 55.1%.[3][4]

Minister of Economy[change | change source]

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.[5] 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%.[6][7]

Presidency[change | change source]

The first thing Arce did when he swore into the presidency is revert the recognition of the Venezuelan president to Maduro.[8]

References[change | change source]

  1. 1.0 1.1 "Bolivia election: Evo Morales's leftwing party celebrates stunning comeback". The Guardian. 19 October 2020. Retrieved 19 October 2020. CS1 maint: discouraged parameter (link)
  2. "Quién es Luis Arce, el presidente electo de Bolivia". El Cronista (in Spanish). Retrieved 2020-10-26.
  3. Anonym. "Bolivia published the results of the presidential elections | tellerreport.com". www.tellerreport.com. Retrieved 2020-10-26.
  4. Molina, Fernando (2020-10-23). "El escrutinio oficial en Bolivia confirma la victoria de Luis Arce con el 55,1% de los votos". EL PAÍS (in Spanish). Retrieved 2020-10-26.
  5. "Economía y finanzas - El milagro económico de Bolivia". RFI. 2015-07-01. Retrieved 2020-11-02.
  6. Staff, Reuters (2020-10-19). "PERFIL-Arce, el padre del "milagro boliviano" que devuelve el socialismo al poder". Reuters (in French). Retrieved 2020-11-02.
  7. Lazcano, Miguel (2019-10-08). "Bolivia redujo a mayor ritmo la pobreza extrema". La Razón. Archived from the original on 2020-01-26. Retrieved 2020-01-26.
  8. "Bolivia cambia su política exterior retomando relaciones con Irán y Venezuela". www.efe.com (in Spanish). Retrieved 2021-04-16.