Bolivia’s embattled president says will take a 50 percent salary cut
Summary
Bolivian President Rodrigo Paz announced he will cut his salary and those of his cabinet members by half during a political crisis marked by protests demanding his resignation. The country faces shortages of food, fuel, and medicine due to ongoing demonstrations over rising living costs and government spending cuts.Key Facts
- President Rodrigo Paz plans to reduce his salary and those of his ministers by 50%.
- The announcement came amid protests and roadblocks in Bolivia’s cities.
- Protests have lasted for four weeks and caused shortages of basic goods and fuel.
- Demonstrators want higher wages and the return of a fuel subsidy that kept prices low.
- Critics say Paz’s government favors big business and elites.
- No Indigenous or working-class members were appointed to the cabinet, unlike previous governments.
- Paz began his term in November and inherited a struggling economy.
- He defends budget cuts and ending some subsidies as necessary to balance public finances.
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