Summary
Bolivia has elected Rodrigo Paz as their new president, ending about 20 years of rule by the Movement for Socialism (MAS) party. Paz, who won with 54.5% of the votes, represents the centre-right Christian Democratic Party. The country is currently dealing with economic issues like high inflation and fuel shortages.
Key Facts
- Rodrigo Paz was elected as the new president of Bolivia with 54.5% of the votes.
- He belongs to the centre-right Christian Democratic Party (PDC).
- The previous ruling party, Movement for Socialism (MAS), was in power for about 20 years.
- The election outcome was confirmed by Bolivia's Supreme Electoral Tribunal (TSE).
- Bolivia is facing an economic crisis, with about 25% annual inflation and shortages of US dollars and fuel.
- Paz has promised economic changes, including tax cuts and tariff reductions.
- He is the son of former left-wing President Jaime Zamora.
- The new leadership comes amid political shifts and the sidelining of former left-wing President Evo Morales.
