president of Bolivia From Wikipedia, the free encyclopedia
Luis Alberto "Lucho" Arce Catacora (born 28 September 1963) is a Bolivian politician. In November 2020, he became the President of Bolivia.[1]
Luis Arce Catacora | |
---|---|
![]() Official portrait, 2020 | |
82nd President of Bolivia | |
Assumed office 8 November 2020 | |
Vice President | David Choquehuanca |
Preceded by | Jeanine Áñez (interim) |
Minister of Economy and Public Finance | |
In office 23 January 2019 – 10 November 2019 | |
President | Evo Morales |
Preceded by | Mario Guillén Suárez |
Succeeded by | José Luis Parada Rivero |
In office 23 January 2006 – 24 June 2017 | |
President | Evo Morales |
Preceded by | Waldo Gutiérrez Iriarte |
Succeeded by | Mario Guillén Suárez |
Personal details | |
Born | Luis Alberto Arce Catacora 28 September 1963 La Paz, Bolivia |
Political party | MAS-IPSP |
Spouse(s) | Lourdes Brigida Durán Romero |
Children | 3 |
Parents | Carlos Arce Olga Catacora |
Alma mater | Higher University of San Andrés University of Warwick |
Signature | ![]() |
He served as the Minister of Economy and Public Finance (2006–2017, 2019) under president Evo Morales.[2]
In January 2020, he was elected candidate for the presidency of Bolivia for the October 2020 national elections by the Movimiento al Socialismo (MAS) party, along with former chancellor David Choquehuanca as a candidate for vice presidency.[1] The elections happened on October 18, 2020 and according the country's election commission, Arce was elected president with an absolute majority of 55.1%.[3][4]
On January 23, 2006, Arce was chosen by President Evo Morales to be Minister of Finance. Three years later, in 2009, he took charge of the new Ministry of Economy and Public Finance.[5] Arce watch over the nationalization of hydrocarbon, telecommunications and mining companies in Bolivia. During his ministry, Bolivian GDP increased by 344% and extreme poorness dropped from 38% to 15%.[6][7]
The first thing Arce did when he swore into the presidency is revert the recognition of the Venezuelan president to Maduro.[8]
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