Bolivia to hold presidential run-off between centrist and right-winger
Summary
Bolivia will have a presidential run-off election between centrist Rodrigo Paz and right-wing Jorge Quiroga on October 19. This marks the end of the two-decade rule by the Movement for Socialism party. The country's economic challenges include high inflation and shortages of basic goods.Key Facts
- Bolivia is holding a run-off election after the initial vote did not produce a clear winner.
- Centrist candidate Rodrigo Paz leads with 32.8 percent of the vote.
- Right-wing candidate Jorge Quiroga received 26.4 percent of the vote.
- The Movement for Socialism party has governed Bolivia since 2005 but will not continue.
- Bolivia is facing its worst economic crisis in a generation, with inflation nearly 25 percent.
- The country has experienced major shortages of US dollars and fuel.
- A lack of new gas projects has reduced Bolivia's gas revenue significantly.
- Official election results will be announced within a week, with new officials taking office on November 8.
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