Lara will administer the oath to Rodrigo Paz, who will then deliver a speech to the nation outlining the lines of his administration. From the Christian Democratic Party (PDC), the party with which Paz won, they anticipated a reduction in ministries, although this has not yet been confirmed. The moment of truth has arrived for Rodrigo Paz Pereira. The heir to a political dynasty, just as his father Jaime Paz Zamora did in 1989, will put on the presidential sash and medal in an event filled with expectations. It is most likely that economists José Gabriel Espinoza and José Luis Lupo will be key figures in his inner circle. In this regard, former President Jorge Quiroga insisted that this period has been marked by 'reckless spending and plunder.' Therefore, Paz's rise to power and the signals he has given in the lead-up have generated great expectations about the direction the country will take. A total of 52 international delegations and five regional presidents are expected. By this Friday, Yamandú Orsi (Uruguay) and Gabriel Boric (Chile) had already arrived. Since his victory in the runoff on October 19, he has already been anticipating the central points of his administration. The country will make a shift in its international relations, approaching the United States, working hand-in-hand with the productive sectors, and outlining a new framework for resource redistribution with the regions. This November 8 marks the official end of almost 20 years of MAS in power, whose legacy has been overshadowed by corruption, deinstitutionalization, the subjugation of justice, and multi-million dollar, inefficient state projects. First, his running mate, Edmundo Lara Montaño, a former police captain, will take his oath. He has anticipated that he will attend the event in the uniform of the institution from which he was dismissed. From there, the greatest challenge of his life will begin: to move a country whose economy his own team has described as 'devastated' and 'in intensive care.' Luis Arce leaves a country with unfavorable figures: a contraction of -2.4% in the first semester, inflation that reached 19.2% in 10 months of 2025, a public deficit bordering 5% until June, in addition to a dollar shortage and sectors semi-paralyzed by the fuel crisis. The main inauguration ceremony is scheduled for 10:00 at the new legislative building, a controversial structure erected during the MAS era. In recent days, lists have been circulating, and there has been a dance of names and bets on possible members. The United States sent its Under Secretary of State, Christopher Landau, who upon arriving at El Alto airport highlighted the beginning of a new era of cooperation between the two nations. This same Saturday, Paz is expected to form his first cabinet. Javier Milei (Argentina), Santiago Peña (Paraguay), and Daniel Noboa (Ecuador) are also expected at Plaza Murillo.
