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Centrist Rodrigo Paz wins Bolivia's presidential runoff, topping right wing rival
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....entrist Rodrigo Paz wins Bolivia's presidential runoff, topping right wing rival<BR>PTI News<BR>Dated:- 20-10-2025<BR>PTI<BR>La Paz (Bolivia), Oct 20 (AP) Rodrigo Paz, a centrist senator who was never a nationally prominent figure until now, won Bolivia's presidential election on Sunday, preliminary results showed, galvanising voters outraged by the country's economic crisis and frustrated with 20....
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.... years of rule by the Movement Toward Socialism party. “The trend is irreversible,” said Óscar Hassenteufel, the president of the Supreme Electoral Tribunal that released the early results showing that Paz, 58, secured more than 54 per cent of the vote. His rival, former right-wing President Jorge “Tuto” Quiroga, won just over 45 per cent of the vote. Paz and his popular running mate, e....
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....x-police Capt Edman Lara, gained traction among working-class and rural voters disillusioned with the unbridled spending of the long-ruling Movement Toward Socialism, or MAS, party but wary of a radical 180-degree turn away from its social protections. Although Paz plans to end Bolivia's fixed exchange rate, phase out generous fuel subsidies and reduce hefty public investment, he says he will tak....
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....e a gradual approach to free-market reforms in hopes of avoiding a sharp recession or jump in inflation that would enrage the masses. In contrast, Quiroga advocated relying on the International Monetary Fund for a shock treatment package of the kind Bolivians came to know and fear in the 1990s. Paz's victory sets this nation of 12 million in South America on a sharply uncertain path as he seeks ....
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....to enact major change for the first time since the 2005 election of Evo Morales, the founder of MAS and Bolivia's first Indigenous president. Since 2023, the Andean nation has been crippled by a shortage of US dollars that has locked Bolivians out of their own savings and hampered imports. Year-on-year inflation soared to 23 per cent last month, the highest rate since 1991. Fuel shortages paralys....
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....e the country, with motorists often waiting days in line to fill up their tanks. Quiroga and Paz both vowed to break with the budget-busting populism that dominated Bolivia under the MAS party. “We are closing one cycle and opening another,” Paz told supporters as he cast his ballot in his hometown of Tarija, alongside his father, former President Jaime Paz Zamora, earlier Sunday. Some vote....
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....rs said they felt energised by the promise of change as they lined up to vote. “Since 2005 we haven't had any real options, so this is exciting for me,” said high school teacher Carlos Flores, 41, who was waiting to vote for Paz. (AP) RUK RUK<BR> News - Press release - PIB....