Bolivian President Cuts Official Salaries by 50 Percent Amid Ongoing Protests

President Rodrigo Paz announced that he and his cabinet would reduce their compensation by half, effective on May 25, as part of an effort to ease tensions in the Bolivian capital. The move comes after weeks of demonstrations, during which protesters have confronted police, demanding relief from the escalating cost of living and opposing the austerity policies adopted by Paz’s administration that have pushed the nation into its most severe economic downturn in four decades.

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