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Bolivian president cites >20% inflation and surge in reserves since taking office

September 24, 2026 | United Nations, International


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Bolivian president cites >20% inflation and surge in reserves since taking office
At the United Nations General Assembly, President Rodriguez Faz Porera said Bolivia faced inflation "of more than 20%" in 2026 and outlined recent changes in government finances. "When I took on the challenge of government, there were $51 million in our reserves," he said, adding that after ten months "we have nearly 1.2 billion" and that the government expected further increases.

The president framed the reserve rebuild as part of a broader program to restore trust, reform institutions and create conditions for investment. He described the figures as milestones for a state emerging from a prolonged economic and political crisis and said the numbers were the basis for planning investments in education, security and infrastructure.

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