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Luis Arce installed as Bolivia’s president

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President Luis Arce Catacora and King Felipe VI of Spain – © Casa de S.M. el Rey.

Sunday, 8 November 2020, La Paz, Plurinational State of Bolivia: At Quemado Palace, the third president of the Bolivian state, Luis Arce Catacora, was installed as the country’s head of state and government elected for a five year term. 

The Plurinational State of Bolivia goes back to the constitution proclaimed in 2009 after a national plebiscite. 

President Luis Arce (born 28 September 1963) belongs to the Movement for Socialism political party. He won the general election held on 18 October 2020 with a final tally providing him with 55.1% of the popular vote. His party likewise holds the majority of seats in the Plurinational Legislative Assembly, albeit without a majority of two thirds that will require cooperation with other parties represented in the assembly. In the Senate, most seats are to be held by women for the very first time in history. 

Arce has a long political experience, and served as Minister of Economy and Public Finance under erstwhile president Evo Morales from 2006 to 2017.
Arce’s inaguration was attended by some of his regional counterparts as well as by Spain’s monarch, King Felipe VI.  

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