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Bolivia's Election: Luis Alberto Arce Catacora Elected President
Luis Alberto Arce Catacora, the former Economy Minister, has been elected as the new President of Bolivia.
Arce Catacora's victory marks the return of the left to power in Bolivia after a year of transitional government.
Luis Alberto Arce Catacora, the former Minister of Economy and Finance, has been elected as the new President of Bolivia for the 2020-2025 term. Arce Catacora, who is close to former President Evo Morales, represents the return of the left to power in Bolivia after a year of transitional government.
Arce Catacora's election was confirmed on November 8, 2020, during a ceremony held in the city of La Paz. The new President's term will last five years, a break from the previous norm of four-year terms. Arce Catacora's victory in the election is seen as a major shift in Bolivian politics and is expected to bring significant changes to the country.
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