Gonzalo Sánchez de Lozada

Gonzalo Sánchez de Lozada Sánchez Bustamante, familiarly known as "Goni", is a Bolivian politician and businessman, who served as the 61st President of Bolivia for two nonconsecutive terms from 1993 to 1997 and from 2002 to 2003. He is a lifelong member of the Revolutionary Nationalist Movement. As Minister of Planning in the government of President Víctor Paz Estenssoro, Sánchez de Lozada used "shock therapy" in 1985 to cut hyperinflation from an estimated 25,000% to a single digit within a period of less than 6 weeks.