Bolivia's president cuts salary by 50 percent amid political crisis
Bolivia

Bolivia's president cuts salary by 50 percent amid political crisis

President Rodrigo Paz announced the pay reduction for himself and cabinet ministers as protests and roadblocks enter their fourth week.

3:20 PM

Bolivian President Rodrigo Paz announced Monday that he will reduce his salary and those of his cabinet ministers by half, citing the government's commitment to the country during an escalating political crisis.

Paz made the announcement while speaking at an event in Sucre, Bolivia's constitutional capital, where the country was marking 217 years since a significant historical event. The pay cuts apply to the president and his cabinet, though Paz stated the measure would not affect other government areas or professionals.

Prior to the reduction, Paz earned a monthly salary of 24,978 bolivianos, equivalent to approximately 3,617 U.S. dollars. Following the 50 percent cut, his salary will be reduced to 12,489 bolivianos, or roughly 1,808 dollars. Under Bolivian law, no other government official may earn more than the president.

The announcement comes as Bolivia enters its fourth week of political and social unrest. Protests and roadblocks have been organized by peasant unions demanding Paz's resignation. The country has been experiencing mounting tensions marked by widespread demonstrations and highway blockades that have disrupted normal activity across multiple regions.

Paz characterized the salary reduction as part of a broader effort and commitment to address the country's economic challenges during the period of civil unrest. The government has not announced additional measures beyond the salary cuts at this time.

Related Articles