IBOV 185,483.42 ▲ 3.21% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,838.57 ▲ 0.50% MERVAL 3,057,915 ▲ 0.28% COLCAP 2,483.01 ▲ 0.52% BVL PERÚ 59,515.48 ▲ 0.86% USD/BRL5.11▼ 0.96% USD/MXN16.97▼ 0.14% USD/CLP938.09▲ 0.08% USD/COP3,156▼ 1.64% USD/PEN3.36▼ 0.11% USD/ARS1,511▼ 0.15% USD/UYU40.24▲ 1.21% USD/PYG5,885▲ 1.38% USD/BOB12.20▲ 4.46% USD/DOP58.55▲ 0.49% USD/CRC445.58▲ 1.89% USD/GTQ7.63▲ 2.07% USD/HNL26.83▲ 1.45% USD/NIO36.62▲ 0.20% USD/VES799.17▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.66▲ 0.93% EUR/BRL5.92▼ 1.61% 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 185,483.42 ▲ 3.21% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,838.57 ▲ 0.50% MERVAL 3,057,915 ▲ 0.28% COLCAP 2,483.01 ▲ 0.52% BVL PERÚ 59,515.48 ▲ 0.86% 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%
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Wednesday, September 2, 2026

Privatization Policy in Bolivia Divides Cabinet, Triggers Several Ministerial Resignations

By · October 1, 2020 · 2 min read

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RIO DE JANEIRO, BRAZIL – Internal splits in Bolivia’s interim government led to the departure of the country’s economy minister and two other cabinet ministers on Monday, September 28th, stoking uncertainty about the Andean country’s economic recovery from the coronavirus pandemic.

Óscar Ortiz stepped down from the economy portfolio, citing “deep differences” and pressure from people close to interim President Jeanine Añez, a conservative former Senator who took over in a power vacuum after fraught elections last year.

Internal splits in Bolivia’s interim government led to the departure of the country’s economy minister and two other cabinet ministers Monday, stoking uncertainty about the Andean country’s economic recovery from the coronavirus pandemic.
Internal splits in Bolivia’s interim government led to the departure of the country’s economy minister and two other cabinet ministers Monday, stoking uncertainty about the Andean country’s economic recovery from the coronavirus pandemic. (Photo internet reproduction)
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Bolivia is heading toward a re-run of that vote on October 18th, which will set the political direction of the gas- and lithium-rich country for the years ahead. Añez recently withdrew as a candidate after falling far behind in the polls.

The landlocked nation tumbled into political crisis last year after allegations of electoral fraud sparked widespread protests and led to the resignation of long-term leader Evo Morales. The pandemic has hammered the economy.

“I will always put principles first over personal interest. No role, no matter how important, justifies going against the principles and ethics that have always guided my actions,” Ortiz told reporters on Monday.

Bolivia’s ministers of labor and development have also quit, forcing Añez to appoint replacements. The mining minister was reported to have quit before backtracking on his decision.

Reports said the issue was that some ministers refused to accept the government’s plan to privatize power company ELFEC, which had been nationalized by the government of former socialist leader Morales.

José María Cabrera was also recently removed from the post of State Attorney General for opposing the privatization.

“I want to finish my administration by leaving the road paved so that the government that comes, regardless of political color, can dedicate itself to creating jobs,” President Añez said.

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

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