2 weeks ago

Bolivia Lawmakers Remove Economy Minister, Setback for President Paz

Bolivia Lawmakers Remove Economy Minister, Setback for President Paz
Bolivia lawmakers likely force economy minister’s removal in setback for President Paz · theprint.in

Bolivia’s lawmakers voted to remove Economy Minister Jose Gabriel Espinoza.

They wanted him to answer questions about how the government was managing the economy.

Espinoza did not attend because he said he was dealing with diesel supply problems in Santa Cruz.

He later said the decision was extremely political.

He also said some procedures may not have been followed and planned to ask a constitutional tribunal to review it.

The decision is a setback for President Rodrigo Paz.

Paz is seeking support for economic reforms and a financing program from the International Monetary Fund.

That program is meant to help stabilize the economy and reduce shortages of fuel and foreign currency.

Espinoza has also faced criticism over the declared price of an Audi, which he called a paperwork error.

Key facts

Minister removed
Jose Gabriel Espinoza was censured by a majority vote and forced out of office.
Constitutional deadline
Under Bolivia’s constitution, President Rodrigo Paz has 24 hours to remove the minister from office.
Espinoza’s challenge
Espinoza said he would ask Bolivia’s top constitutional tribunal to review the decision, citing possible procedural violations.
Economic agenda
Paz’s government is seeking congressional backing for economic reforms.
IMF financing
A financing program negotiated with the International Monetary Fund in July still requires approval from Bolivia’s Congress and the IMF Executive Board.
Program objective
The program is viewed as important for stabilizing the economy and easing shortages of fuel and foreign currency.
Additional criticism
Espinoza faced scrutiny over an Audi declared at a price allegedly below market value and attributed the discrepancy to a paperwork error.

Quotes

Jose Gabriel Espinoza

Economy Minister of Bolivia

“Espinoza said his dismissal reflected “extreme” politicization and cited clashes between the government’s work agenda and lawmakers’ timelines.”
theprint.in

Sources

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