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Crisis-hit Bolivia to vote in run-off election, ending decades of socialism

Crisis-hit Bolivia to vote in run-off election, ending decades of socialism

Summary

Bolivians are preparing to vote in a presidential run-off election between two candidates who support free market policies. This election ends nearly two decades of socialist rule in the country. Economic challenges, such as high inflation and fuel shortages, are important issues in the election.

Key Facts

  • Bolivia's presidential run-off election features pro-market candidates Jorge “Tuto” Quiroga and Rodrigo Paz.
  • Quiroga, a conservative, is a former interim president; Paz, a centrist, is a current senator and economist.
  • The election signals an end to the country's socialist rule, dominated by the Movement Towards Socialism (MAS) party.
  • Bolivia is experiencing a serious economic crisis, with inflation above 20% and fuel shortages.
  • Polls show a close race, with Quiroga slightly ahead.
  • Voting will take place from 8am to 4pm local time, with initial results expected five hours later.
  • Quiroga plans drastic economic changes, while Paz suggests a slower transition.
  • Both candidates aim to improve relationships with the United States after years of tension.
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