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About

Gonzalo Daniel Sánchez de Lozada Sánchez Bustamante, known as Goni, is a Bolivian-American businessman and politician. He served as the 61st president of Bolivia in two non-consecutive terms: from 1993 to 1997 and from 2002 to 2003. A member of the Revolutionary Nationalist Movement (MNR), he previously served as minister of planning and coordination. Sánchez de Lozada's presidencies were marked by controversial economic policies.

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Career Timeline

1993B$50M

Elected President of Bolivia

Sánchez de Lozada becomes president, initiating controversial neoliberal reforms.

1997B$60M+$10M

Leaves Presidential Office

After his first term, he steps down having implemented major economic changes.

2002B$70M+$10M

Re-elected as President

He is re-elected amidst growing discontent with his policies.

2003C$75M+$5M

Resigns Amidst Protests

Widespread protests force his resignation and exile from Bolivia.

2018C$78M+$3M

Trial in US civil court

US court finds Goni liable for ordering the killings of unarmed civilians. His public reputation declines.

2026C$80M+$2M

Legacy of Controversy Remains

Living in exile, Sánchez de Lozada remains a controversial figure in Bolivian history due to the social and economic impacts of his policies.

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Last updated: February 24, 2026