Biography

Luis Arce Catacora: President of Bolivia

Biography

Early Life and Education

Luis Alberto Arce Catacora was born in La Paz, Bolivia, on September 28, 1963. He studied economics at the Universidad Mayor de San Andrés in La Paz and later pursued a doctorate in economics from the University of Warwick in the United Kingdom.

Political Career

Arce began his political career as a member of the Movement Towards Socialism (MAS) party. He served as Minister of Finance and Economy under President Evo Morales from 2006 to 2017.

Presidency

In 2020, Arce was elected President of Bolivia as the candidate of the MAS. He assumed office on November 8, 2020.

Key Policies and Accomplishments

Economic Policies

Arce has implemented policies aimed at stimulating economic growth and reducing poverty. These policies include increasing government spending, promoting investment, and expanding social programs.

Social Policies

Arce has also prioritized social policies, such as improving education and healthcare access. He has increased funding for the education sector and introduced new healthcare initiatives.

Foreign Policy

Arce has pursued a more independent foreign policy than his predecessor. He has re-established diplomatic relations with various countries and strengthened ties with regional partners.