Bolivia's Ministry of Economy and Public Finance announced the swearing-in of new authorities for the Central Bank of Bolivia (BCB), naming David Iván Espinoza Torrico as Chair of the BCB Board and appointing four new board members. The new directors are Walter Fernando Orellana Rocha, Álvaro Alfonso Romero Villavicencio, Dennise Sussan Martin Alarcon, and Claudia Haydee Pacheco Ayala. At the ceremony, President Rodrigo Paz Pereira linked the Central Bank’s recovery to restoring national credibility and reiterated priorities of institutional independence, fiscal discipline and transparency. Minister José Gabriel Espinoza Yáñez set out an economic policy focus on ending the financing of public spending through monetary issuance, ordering the foreign exchange market, and restoring full application of the Central Bank of Bolivia Law to ensure the institution’s technical autonomy.
Ministry of Finance (Bolivia) 2025-11-13
Bolivia's Ministry of Economy and Public Finance swears in a new Central Bank of Bolivia board chaired by David Iván Espinoza Torrico
Bolivia's Ministry of Economy and Public Finance announced new appointments to the Central Bank of Bolivia (BCB), with David Iván Espinoza Torrico as Chair and four new board members. President Rodrigo Paz Pereira emphasized the Central Bank's role in restoring national credibility, while Minister José Gabriel Espinoza Yáñez highlighted priorities like ending public spending financing through monetary issuance and ensuring the BCB's technical autonomy.