Bolivia has elected a centrist senator, Rodrigo Paz, as its next president, bringing an end to nearly 20 years of continuous rule by the Movement for Socialism (Mas) party. With almost all votes counted, Paz, of the Christian Democratic Party, defeated right-wing candidate Jorge 'Tuto' Quiroga in Sunday's run-off election with a share of 54.6%.
A severe economic crisis and infighting within Mas, which has dominated Bolivian politics since 2006, saw many voters wanting change. Paz has said he will end fuel shortages and address Bolivia's wider economic problems. In his victory speech, he said he would open up Bolivia to wider international investment and stimulate private-sector growth.
Paz, 58, went from being a surprise frontrunner in the first round of the election in August to achieving a clear win over Tuto Quiroga, who received 45.4% of the votes in the run-off. The candidate for Mas did not make it into the run-off. Paz is perceived as relatively moderate and centrist compared to his opponent, making him more attractive to undecided and disillusioned left-leaning voters, who wanted change but did not want to cast their vote for Quiroga.
Quiroga has conceded defeat and has called his rival to congratulate him. Paz's supporters took to the streets of La Paz, the country's administrative capital, to celebrate the result. One of them told AFP news agency 'we came to celebrate the victory with great hope of a new direction for Bolivia'.
Bolivia is grappling with severe shortages of fuel leading to long queues at petrol stations, a shortage of US dollars, and soaring inflation. Paz campaigned with the slogan 'capitalism for all', promising free-market reforms and a commitment to help the poorest in society with social programmes.
He has pledged to ease access to credit for small businesses, lower certain taxes, reduce import tariffs, crack down on corruption, and decentralise the government. He has also been clear that once in power, he plans to cut fuel subsidies, which he says are unsustainable. The subsidies have kept fuel prices relatively low but have also led to shortages and huge queues at pumps.
Paz's choice of running mate is thought to have helped him attract working-class voters and Bolivians frustrated with government corruption. A former police captain, vice president-elect Edman Lara is known for his humble upbringing and whistleblowing on police corruption. He also has a strong social media following.
Reactions to Paz's election win suggest potential improvement in relations between Bolivia and the United States, which have been strained for years. The US is hopeful for a partnership with Paz to restore economic stability and expand private-sector growth.
As voting is mandatory in Bolivia, Morales urged his supporters to spoil their votes instead of voting for either of the candidates. Many Bolivians view this election result as a step towards change and renewal. However, Paz faces the daunting task of restoring economic credibility while uniting a nation divided by years of political turmoil. He will take office on 8 November 2025.
A severe economic crisis and infighting within Mas, which has dominated Bolivian politics since 2006, saw many voters wanting change. Paz has said he will end fuel shortages and address Bolivia's wider economic problems. In his victory speech, he said he would open up Bolivia to wider international investment and stimulate private-sector growth.
Paz, 58, went from being a surprise frontrunner in the first round of the election in August to achieving a clear win over Tuto Quiroga, who received 45.4% of the votes in the run-off. The candidate for Mas did not make it into the run-off. Paz is perceived as relatively moderate and centrist compared to his opponent, making him more attractive to undecided and disillusioned left-leaning voters, who wanted change but did not want to cast their vote for Quiroga.
Quiroga has conceded defeat and has called his rival to congratulate him. Paz's supporters took to the streets of La Paz, the country's administrative capital, to celebrate the result. One of them told AFP news agency 'we came to celebrate the victory with great hope of a new direction for Bolivia'.
Bolivia is grappling with severe shortages of fuel leading to long queues at petrol stations, a shortage of US dollars, and soaring inflation. Paz campaigned with the slogan 'capitalism for all', promising free-market reforms and a commitment to help the poorest in society with social programmes.
He has pledged to ease access to credit for small businesses, lower certain taxes, reduce import tariffs, crack down on corruption, and decentralise the government. He has also been clear that once in power, he plans to cut fuel subsidies, which he says are unsustainable. The subsidies have kept fuel prices relatively low but have also led to shortages and huge queues at pumps.
Paz's choice of running mate is thought to have helped him attract working-class voters and Bolivians frustrated with government corruption. A former police captain, vice president-elect Edman Lara is known for his humble upbringing and whistleblowing on police corruption. He also has a strong social media following.
Reactions to Paz's election win suggest potential improvement in relations between Bolivia and the United States, which have been strained for years. The US is hopeful for a partnership with Paz to restore economic stability and expand private-sector growth.
As voting is mandatory in Bolivia, Morales urged his supporters to spoil their votes instead of voting for either of the candidates. Many Bolivians view this election result as a step towards change and renewal. However, Paz faces the daunting task of restoring economic credibility while uniting a nation divided by years of political turmoil. He will take office on 8 November 2025.
