HomeEmergencyBolivia president Paz cuts salary in half as protests grip country

Bolivia president Paz cuts salary in half as protests grip country

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LA PAZ, ‌May 25 (Reuters) - Bolivian President Rodrigo ​Paz said on Monday he would cut ⁠his salary and those of his cabinet ministers in half amid a growing ​political crisis marked by protests and roadblocks ‌demanding his resignation.

Speaking at an event in Sucre, the country's constitutional capital, Paz said ⁠the pay cuts demonstrated the ⁠government's "commitment to the country."

The pay cuts come as Bolivia enters its fourth week of political and social unrest. ‌Protests have caused growing supply chain issues ⁠in the cities of ‌La Paz and El ​Alto, where severe shortages of food, fuel and medicine are hitting markets, ‌hospitals and gas stations.

Protesters are ​pressing Paz's ⁠centrist government to roll back austerity ‌measures and address ⁠rising living costs.

Paz, who took office in November and inherited an economy in turmoil, ​has defended ‌spending cuts and fuel subsidy reductions as ⁠necessary to stabilize ​public finances.

(Reporting by Daniel Ramos, Editing ​by Iñigo Alexander)

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