Bolivia Sees Shift in Power as Rodrigo Paz Takes Office

Rodrigo Paz was sworn in as Bolivia's president on November 8, 2025, marking the end of nearly 20 years of governance by the Movement for Socialism (MAS) party. The 58-year-old Paz, son of a former president and a pro-business conservative, drew applause at the swearing-in ceremony at the Bolivian seat of congress. Paz, who won a run-off election last month, took the oath of office, saying, "God, family and country: yes, I take the oath of office." In his inauguration speech, Paz emphasized his commitment to a new era of economic growth and development in Bolivia. He stated that the country would now be open to the world after two decades of left-wing governance, promising to implement policies that would attract foreign investment and stimulate economic growth. Paz specifically mentioned his intention to introduce "capitalism for all," a concept he believes will benefit the Bolivian people. The MAS party, led by former President Evo Morales, had dominated Bolivian politics since 2006. Morales' government implemented a range of social and economic policies aimed at reducing poverty and inequality, but critics argue that these policies stifled economic growth and limited individual freedoms. The opposition, led by Paz, campaigned on a platform of economic liberalization and greater integration with the global economy. Paz's inauguration marks a significant shift in Bolivian politics, with many analysts predicting a more business-friendly and market-oriented approach to governance. However, some critics have expressed concerns about the potential impact of Paz's policies on the country's social welfare programs and the rights of indigenous communities. As Paz begins his presidency, he faces a number of challenges, including a struggling economy, high levels of poverty and inequality, and a complex web of international relationships. The Bolivian government has also been criticized for its handling of the COVID-19 pandemic, which has had a devastating impact on the country's healthcare system and economy. In the coming weeks and months, Paz will need to navigate these challenges and implement his policies, which will likely have far-reaching consequences for Bolivia and its people. As he takes office, Paz has promised to work towards a more prosperous and inclusive future for Bolivia, but the road ahead will be fraught with difficulties and uncertainties.