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    Tuto Quiroga Vows Privatization of All Public Companies in Bolivia, Citing Past Corruption

    La Paz, Bolivia – During an agro-forum held on June 25, 2025, former President Jorge "Tuto" Quiroga made a definitive statement regarding the future of public enterprises in Bolivia, declaring that "no public company will remain in the hands of the State." The remarks, delivered to an attentive audience, outlined a vision for a privatized economy and emphasized the importance of individual property rights. Quiroga asserted that many public companies established in recent years were not created for production but rather for illicit gains. "They sought to steal," he stated, criticizing what he referred to as "blue elephants" – unprofitable state-owned entities such as the honey and paper factories, and the San Buenaventura sugar mill. He claimed these projects were marred by overpricing and direct allocations to associates for personal enrichment. Beyond privatization, Quiroga championed the concept of individual property ownership, proposing that land and even market stalls should be individually titled. He argued that this would empower citizens, enabling them to access credit and build generational wealth. "We are going to make a cult of property, individual, with name and surname," Quiroga declared, contrasting his vision with what he termed "socialism 21," which he characterized as a system of "delinquent and corrupt partners" who have already stolen enough. He concluded by vowing that those responsible for past corruption would be held accountable and forced to return stolen funds.

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