Bolivia's New President Declares Economic Rebirth, Denounces Narcoterrorism at UN

President Rodríguez Paz Pereira used his first United Nations General Assembly address to announce a sweeping pivot away from two decades of socialist governance, reporting that Bolivia has rebuilt its central bank reserves from $51 million to nearly $1.2 billion in just 10 months. He also delivered a blistering condemnation of narco-financed road blockades that killed more than 20 people, and called on the international community to forge a new partnership model for critical minerals like lithium and tin.

• Bolivia reports central bank reserves surging from $51M to nearly $1.2B in 10 months, with a target of $10 billion within 18 months under a new "capitalism for all" economic doctrine

• President denounces 53-day road blockades financed by drug trafficking that killed over 20 people, calling for faster multilateral responses to organized crime

• Bolivia pitches value-added partnerships on lithium, tin, and critical minerals, rejecting the historical pattern of raw material exports that leave resource-rich nations poor

• Government acknowledges significant Amazon deforestation — forest cover dropped from 57% to under 50% of national territory in a decade — and pledges new environmental laws

• Social-media-elected president calls for a new UN agenda on digitalization, youth empowerment, food security, and connectivity

Constitutional President Rodríguez Paz Pereira of Bolivia delivered a sweeping indictment of the prior government's economic stewardship, describing an economy he inherited in crisis — inflation exceeding 20% and central bank reserves nearly wiped out.