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Significance
President Luis Arce will seek to steer a consensual policy with respect to Bolivia’s business community, despite attacking some members of the former interim presidency of Jeanine Anez. The private sector saw its access to the state improve under Anez, but suffered from the downturn in domestic demand prompted by the COVID-19 pandemic.
Impacts
Fiscal austerity will limit the government’s room for manoeuvre in dealing with the private sector.
Arce will need to balance agricultural export priorities with food needs in the domestic market.
Divides are likely to persist between business interests in Santa Cruz and the rest of the country.
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2021
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