Mon Oct 20 03:02:57 UTC 2025: Summary:

After nearly two decades of socialist rule by the MAS party, Bolivia has elected Rodrigo Paz of the centre-right Christian Democratic Party (PDC) as its new president. Paz secured 54.5% of the vote, defeating former interim President Jorge “Tuto” Quiroga. Paz, son of a former president, has promised “capitalism for all,” including tax cuts, tariff reductions, and decentralization. His victory comes amid a deep economic crisis characterized by inflation, shortages, and dwindling energy revenues after former President Evo Morales’ tenure. Paz faces challenges from Morales and lingering economic issues, including uncertainty around fuel subsidies.

News Article:

Bolivia Swings Right: Rodrigo Paz Elected President, Ending 20 Years of Socialist Rule

La Paz, Bolivia – In a historic shift, Bolivia has elected Rodrigo Paz of the Christian Democratic Party (PDC) as its new president, marking the end of nearly two decades of governance by the Movement for Socialism (MAS) party. With 97% of ballots counted, Paz secured a decisive victory with 54.5% of the vote, surpassing former interim President Jorge “Tuto” Quiroga.

Paz, 58, son of former President Jaime Zamora, inherits a nation grappling with a severe economic crisis. He has pledged a “capitalism for all” agenda, promising tax cuts, reduced tariffs, and decentralization of the national government.

“We must ensure the supply of diesel and gasoline. People are suffering. We need to stabilise the prices of the basic food basket, and we must put an end to corruption,” said Edmand Lara, Paz’s vice-presidential running mate, upon announcement of the results.

The MAS party’s defeat follows internal divisions and Bolivia’s economic woes, including high inflation and shortages of US dollars and fuel. The former left-wing President Evo Morales was barred from running. Under Morales, Bolivia experienced economic growth and poverty reduction through nationalization of the gas sector and social programs. However, declining energy revenues in recent years have exacerbated the economic situation.

Paz’s path ahead is not without obstacles. Despite no longer holding office, Morales remains a powerful figure, particularly among Indigenous Bolivians, and represents a potential source of opposition.

Arce is due to leave office on November 8. The President’s handling of crucial policies, such as fuel subsidies that have drained the national budget, will be closely watched. Paz has indicated a possible shift toward restricting the subsidy to “vulnerable sectors,” but the details remain unclear.

The election marks a significant turning point for Bolivia as it navigates economic challenges and seeks a new direction under Paz’s leadership.

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