Voters End Two Decades of Socialist Party Rule in Bolivia
"Voters sent two pro-business candidates to Bolivia’s presidential election runoff, ending two decades of almost-uninterrupted socialist rule and likely transforming both the nation’s economic model and its relations with Washington.
Voters sent two pro-business candidates to Bolivia’s presidential election runoff, ending two decades of almost-uninterrupted socialist rule and likely transforming both the nation’s economic model and its relations with Washington.
With 95% of ballots tallied, opposition senator Rodrigo Paz led with 32%, compared to 27% for Jorge “Tuto” Quiroga, who served as president from 2001 to 2002.
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"The election took place against the backdrop of fuel and food shortages and the steepest inflation in more than three decades, which caused months of unrest and the collapse of support for the ruling socialist movement MAS. Bolivia’s dollar bonds have soared this year on investor optimism that a new government will implement economic reforms."
https://www.bloomberg.com/news/articles/2025-08-18/bolivia-on-track-for-runoff-between-pro-business-candidates