President Evo Morales' Inauguration on January 21-22 is estimated to cost Bolivia 1 Million US Dollars according to Pablo Groux from the Ministry of Culture. This money will go towards paying for extra security,
event coordination and renting the Hernando Siles stadium in La Paz. On the 21st Evo will hold a traditional ceremony with indigenous leaders at the ruins of Tihuanacu to mark the beginning of his second term in office. On the 22nd the State will hold a formal inauguration which will be attended by visiting heads of state from Spain, Chile, Argentina and Venezuela among others.
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