Luis Arce
Luis Alberto Arce Catacora (born 28 September 1963) is a Bolivian economist and politician who served as the 67th president of the Plurinational State of Bolivia from 8 November 2020 to 8 November 2025.[1][2] A graduate of the Higher University of San Andrés with a master's degree in economics from the University of Warwick, Arce built his career at the Central Bank of Bolivia before entering government service.[3][4] As Minister of Economy and Public Finances under President Evo Morales, Arce held the position from 2006 to 2017 and briefly from January to November 2019, during which Bolivia experienced robust growth fueled by high commodity prices and nationalizations in key sectors.[5][6] Selected as the Movement for Socialism (MAS) candidate following the 2019 political crisis that ousted Morales amid fraud allegations in that year's election, Arce won the presidency in 2020 with 55% of the vote, restoring MAS to power after an interim administration.[7] His presidency focused on industrializing Bolivia's natural resources and social programs but faced challenges including internal MAS factionalism with Morales, fuel and foreign exchange shortages, and a failed military mobilization in 2024 that Arce described as a coup attempt.[6] Arce opted not to seek re-election in 2025, after which MAS lost the presidency to a center-right candidate, marking the end of two decades of socialist governance.[8]