Bolivian president slashes salary by 50% to calm protests
Summary
Bolivian President Rodrigo Paz has cut his salary and that of his ministers by half to address ongoing protests in the capital. The protests started because of a high cost of living and government budget cuts that have caused serious economic problems in Bolivia.Key Facts
- President Rodrigo Paz announced a 50% salary cut for himself and his ministers on May 25, 2026.
- Protests have blockaded Bolivia’s capital, La Paz.
- Demonstrators are upset about the rising cost of living.
- The government’s austerity measures worsened Bolivia’s economy, leading to its worst crisis in 40 years.
- Protesters have clashed with police during the demonstrations.
- The salary cut is an attempt to calm public anger and ease the protests.
- The protests focus on economic hardship and government policies.
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