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Rodrigo Paz's presidency marks a shift from nearly two decades of socialist rule in Bolivia to a pro-business conservative approach.

The new administration faces economic challenges, including rising inflation and slowing growth, amid public dissatisfaction.

India's Minister of State for External Affairs, Pabitra Margherita, attended the inauguration, highlighting strengthened Bolivia-India ties.

Bolivia witnessed a historic political transition on Saturday as Rodrigo Paz, a pro-business conservative, took the oath as the new President, ending nearly two decades of socialist governance.

Paz, 58, is the son of former Bolivian President Jaime Paz Zamora. He now faces the challenge of leading a nation struggling with rising inflation, economic slowdown, and growing publi

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