Arce, 57, will be sworn in during a ceremony in La Paz, attended by heads of state from Argentina, Paraguay, Colombia and Spain, as well as senior officials from Chile and Iran. and from Venezuela’s Nicolas Maduro government.
The humble former economic minister, regarded as the architect of Bolivia’s rapid growth under Morales, will come to power in an effort to heal the divisions of a political and pandemic crisis. coronavirus.
Tensions remain high, especially due to changes by Socialist-controlled Congress to lower the majority needed to pass the new law and Morales’s planned return from exile. in Argentina, where he has lived since leaving Bolivia last year.
Morales, who had led the country for nearly 14 years as the first native president, sparked a backlash last year when he ran for an unprecedented fourth term ahead of term limits. and a national referendum.
After declaring victory in that election, Morales was eventually forced to resign after angry protests, and the police and the military finally gave up support. He fled the country shortly thereafter.
Arce, carefully chosen by Morales and a close ally, has said that the former president will play no role in his government. Morales is expected to return to Bolivia on Monday before heading to his rural stronghold in Chapare.
As Economic Minister, Arce promoted the nationalization of strategic sectors such as hydrocarbons and energy, while boosting domestic production with public investments and subsidies, helping Bolivia grow at a rapid rate. fastest speed in Latin America.