Bolivian President Rodrigo Paz has announced a 50% salary cut for himself and his ministers in an attempt to calm ongoing protests in the capital. The protests are a response to the high cost of living and austerity measures that have led to the country's worst economic crisis in 40 years. Demonstrators have clashed with police, effectively blockading the capital. The government hopes that this measure will help to quell the unrest and address the economic concerns of the population.
In another bid to quell the protests that have effectively blockaded the Bolivian capital, President Rodrigo Paz announced that he and his ministers would reduce their salaries by half on May 25. The demonstrations which have seen protestors clash with police are over the high cost of living in the country and the austerity measures put in place by the Paz government that tipped Bolivia's economy into the worst crisis in 40 years.