IBOV 166,334.86 ▼ 0.27% IPSA 11,186.57 ▲ 0.34% IPC MEX 64,301.04 ▲ 0.07% MERVAL 2,891,651 ▼ 1.89% COLCAP 2,461.23 ▲ 0.36% BVL PERÚ 58,401.58 ▼ 1.35% USD/BRL5.21▼ 0.16% USD/MXN17.04▼ 0.15% USD/CLP927.14▲ 1.17% USD/COP3,092▼ 1.30% USD/PEN3.37▼ 0.07% USD/ARS1,495▲ 0.45% USD/UYU40.26▲ 1.78% USD/PYG6,002▲ 1.52% USD/BOB11.48▲ 0.31% USD/DOP58.50▲ 1.26% USD/CRC444.65▲ 1.72% USD/GTQ7.62▲ 2.18% USD/HNL26.80▲ 1.59% USD/NIO36.62▲ 0.69% USD/VES773.40▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 0.92% EUR/BRL6.04▲ 0.32% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 166,334.86 ▼ 0.27% IPSA 11,186.57 ▲ 0.34% IPC MEX 64,301.04 ▲ 0.07% MERVAL 2,891,651 ▼ 1.89% COLCAP 2,461.23 ▲ 0.36% BVL PERÚ 58,401.58 ▼ 1.35% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Wednesday, August 19, 2026

Bolivia Latest News

Bolivia’s Congress Votes to Force Out Its Economy Minister

By · August 19, 2026 · 4 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Bolivia · POLITICS

Key Facts

  • The vote 91 in favour, 34 against, four abstentions, of 129 legislators present.
  • The body the Asamblea Legislativa Plurinacional, in plenary session.
  • The date Tuesday 18 August 2026.
  • The effect censure implies destitution under the constitution and Law 1350.
  • The deadline the president must remove him within 24 hours of formal notification.
  • The minister José Gabriel Espinoza, economy and public finance.

Ninety-one of 129 legislators voted to censure José Gabriel Espinoza. Under Bolivian law that is not a warning shot; it obliges the president to remove him.

Bolivia’s legislature censured Economy Minister José Gabriel Espinoza on Tuesday by 91 votes to 34, with four abstentions. The constitution gives the president 24 hours to remove him once notified.

The legislative palace in La Paz with Bolivia flags flying at the entrance
Bolivia’s legislature censured its economy minister by 91 votes to 34. The constitution gives the president 24 hours to remove him. (Photo: Internet Reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

What Bolivia’s legislature did

The Asamblea Legislativa Plurinacional approved a motion of censure against Espinoza in plenary session on Tuesday. The count was 91 in favour, 34 against and four abstentions.

That is more than two thirds of the 129 legislators present, which is the threshold the assembly applied.

Bolivia’s legislature and its executive have been at odds for much of the year. This is the sharpest instrument it has used.

Why censure is not symbolic here

In many systems a censure motion is a rebuke and nothing more. In Bolivia it carries a legal consequence.

Under the constitution and Law 1350, censure implies the minister’s destitution. The president is obliged to remove him within 24 hours of being formally notified.

The practical question is therefore not whether he goes, but when the notification lands.

The threshold is two thirds of those present. The 91 votes cleared it with room to spare.

Espinoza disputes that reading. He argues two thirds should be counted on all 166 members of the assembly, not the 129 in the room.

On that arithmetic the motion falls short. He has said he will put the question to the Plurinational Constitutional Tribunal.

How this came about

The censure followed Espinoza’s failure to appear for questioning by legislators. The motion turned on that absence rather than on a single policy.

The government has called the move unconstitutional.

Espinoza had been summoned to answer questions and did not attend. That is the procedural ground the motion rested on.

The questioning was built around 29 formal questions. They covered his management of public finances, monetary policy and macroeconomic planning.

The economy he was running

Espinoza took the economy portfolio into a year of acute fuel and dollar pressure. Only weeks ago he put Bolivia’s fuel spending at around US$40 to US$50 million a week.

On 16 August the government moved diesel for large buyers to a world-linked price of 18 bolivianos a litre. That was two days before the vote.

That decree drew objections from farm, transport and mining groups. The censure lands in the middle of that argument, not outside it.

Five days before the vote, Espinoza put central bank reserves above US$600 million. He said the government had inherited about US$51 million.

He also rejected the idea that the fuel queues came from a shortage of dollars. He called the problem logistical and institutional instead.

Bolivia has been short of dollars and short of fuel for months. The ministry is the place where both problems land.

What happens next

A replacement has to be named. The fuel-pricing decree is already in force, with its methodology still to be set by ministerial resolution.

Whoever takes the portfolio inherits both the decree and the objections to it.

Bolivia goes to the polls later in this cycle, which shapes how any successor will be received.

Why this matters beyond Bolivia

Bolivia sits on some of the largest lithium resources in the world. Investment terms for them are set by the ministry now changing hands.

For anyone tracking the region’s energy transition, the identity of the next economy minister is a live variable rather than a formality.

Bolivia’s lithium is still largely in the ground. Who signs the contracts matters more here than in countries already producing.

Frequently Asked Questions

What was the vote in Bolivia’s legislature?

Ninety-one voted in favour of censuring Economy Minister José Gabriel Espinoza, 34 against, with four abstentions. There were 129 legislators present on 18 August 2026.

Does censure remove the minister automatically?

Under Bolivia’s constitution and Law 1350, censure implies destitution. The president is obliged to remove the minister within 24 hours of formal notification.

Why was he censured?

The motion followed his failure to appear before legislators for questioning. The government has called the censure unconstitutional.

What was he responsible for?

Economy and public finance, at a moment of severe fuel and foreign-currency pressure. Bolivia moved diesel for large buyers to a world-linked price two days before the vote.

Sources

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.