Luis Alberto ‘Lucho’ Arce Catacora is a Bolivian politician and the 67th President of Bolivia, serving since 8 November 2020. He served as Minister of Economy and Public Finance from 2006 to 2017 and in 2019 under President Evo Morales. Arce was forced to give up his position and travel to Brazil to undergo surgery to treat severe kidney cancer on 24 June 2017. He remained there for a mandated recovery period before returning to his post as minister of Economics on 23 January 2019.
About Luis Arce in brief
Luis Alberto \”Lucho\” Arce Catacora is a Bolivian politician and the 67th President of Bolivia, serving since 8 November 2020. He served as Minister of Economy and Public Finance from 2006 to 2017 and in 2019 under President Evo Morales. He is a member of the political party Movement for Socialism. Arce was forced to give up his position and travel to Brazil to undergo surgery to treat severe kidney cancer on 24 June 2017. He remained there for a mandated recovery period before returning to his post as minister of Economics on 23 January 2019. He oversaw the rapid expansion of the Bolvian economy, with GDP increasing by 344% and extreme poverty reduced from 38% to 15%. In 2011, the American Economy Magazine ranked Arce the region’s 8th-best minister of the economy out of 18. He has given lectures at universities in Europe, North America, and Latin America, including Columbia University in New York, the University of Buenos Aires, and Harvard University. The Wall Street Journal considered him the calling card in Morales’s reelection in 2014.
He was considered a puppet of Morales but Arce distanced himself from Morales during the campaign. He said that Morales will still be the president of the country but will not have any role in our government. He also said that he will not interfere in the government of his brother Luis Arce… e… while brother Arce takes the lead\”. Most public opinion polls showed Arce with a lead, but not one big enough to avoid a November runoff. Early results indicated that Arce had won 52% of the vote without a outright win, but early polling firm Ciesmori’s indicated thatArce had a 52% lead without a win. Early polling firm Mesa Mesa dropped out of the race for the presidency, but the former president Jorge Quiroga and former president Carlos Mesa were able to consolidate enough votes to avoid an outright win. Some Bolivians believe Arce is a puppet. He says he is not a puppet and that he wants to help the people of Bolivia get back on their feet. He believes that Morales should not interfere with his government.
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This page is based on the article Luis Arce published in Wikipedia (as of Nov. 29, 2020) and was automatically summarized using artificial intelligence.
