The United States has welcomed the Bolivian government’s announcement of sweeping economic reforms under President Rodrigo Paz, describing the move as a pivotal step toward restoring economic stability and attracting global investment. After years marked by stagnation and governance challenges, the reform package aims to correct longstanding imbalances and lay the groundwork for inclusive prosperity. U.S. officials acknowledge the difficulties ahead but emphasize that these measures represent a necessary shift toward transparent institutions, responsible fiscal management, and stronger legal frameworks. American representatives are already on the ground in Bolivia, working to facilitate bilateral investment opportunities that could benefit both nations. The U.S. reaffirms its commitment to supporting Bolivia’s transition, highlighting openness to foreign capital, adherence to rule of law, and sound macroeconomic practices as key drivers of future growth. Continued cooperation is expected as implementation progresses.
— news from U.S. Department of State (.gov)
— News Original —
The United States Welcomes Bolivia’s Economic Reforms
The United States welcomes today’s announcement by President Rodrigo Paz of a significant economic reforms package aimed at restoring stability, prosperity, and investment to Bolivia after decades of failed policies. n nWe recognize that the path ahead will not be easy. The Bolivian people have endured years of economic stagnation, corruption, and mismanagement. The reforms announced today are a necessary course correction that lays the foundation for a more prosperous and secure future for all Bolivians. The United States will work with the Government of Bolivia to ensure these reforms bring dividends for the Bolivian people in the shortest possible time. n nWe applaud President Paz’s historic efforts to open Bolivia to the world by committing to meaningful reforms to attract international investment. Openness to investment, sound economic management, and respect for the rule of law are essential to unlocking Bolivia’s full potential. U.S. government officials are currently in Bolivia seeking to facilitate investments that will foster prosperity for both our nations. n nThe United States stands ready to support Bolivia’s transition and to deepen our partnership.