Bolivia's Ministry of Economy and Public Finance swore in Gustavo Blacutt Alcalá as Vice Minister of Pensions and Financial Services and Zoila Tania Olmos Tejada as Executive Manager of the Port Services Administration of Bolivia (ASP-B), assigning both roles a modernisation agenda spanning financial sector policy and port logistics. For the Vice Ministry, ministerial instructions prioritise fintech and interoperable digital payments, regulatory updates to enable innovation without undermining stability, and expanded financial inclusion focused on rural areas, women, youth and microenterprises. The remit also includes promoting accessible, transparent low-cost financial products, strengthening supervision and system solvency with practices aligned to Basel standards, digitising internal procedures to reduce bureaucracy, and applying merit-based technical criteria in institutional decisions, alongside continued risk evaluation. In parallel, Olmos Tejada’s mandate at ASP-B centres on digitising port processes and simplifying procedures, optimising tariffs to reduce logistics costs and timelines, diversifying routes and ports including Puerto Busch and the Hidrovía, certifying processes under quality and anti-corruption standards, strengthening links with the private sector, and negotiating tariff reductions where costs are deemed abusive. The two appointments are framed by the Government as part of a broader push to modernise public institutions, strengthen competitiveness and improve transparency in public management.

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