Rodrigo Paz, the new president of Bolivia, promises the international opening of the country after 20 years of socialist governance.

Rodrigo Paz, the center-right president of Bolivia, took the oath on Saturday, marking a significant change after 20 years of socialist governance. In his speech, he promised that Bolivia would "never be isolated again" and that it would restore international relations, especially with the United States, after a period of tensions under former president Evo Morales. Leaders from various countries were present at the ceremony, including the presidents of Chile, Argentina, and Uruguay.

Rodrigo Paz, elected in October on behalf of the Christian Democratic Party, takes the helm of a country affected by a severe economic crisis, characterized by a shortage of dollars and fuels. He promised to cut fuel subsidies by 50% and to implement a "capitalism for all" program, which will aim to simplify administration and reduce taxes, in an attempt to revitalize the Bolivian economy. Inflation reached 19% in October, after peaking at 25% in July, highlighting the challenges faced by his new government.