Rodrigo Paz wins presidential runoff, becoming Bolivia’s first conservative leader in decades
Summary
Rodrigo Paz won Bolivia's presidential runoff, becoming the first conservative leader in decades. He defeated former President Jorge Quiroga with 54.5% of the votes. Paz aims to reform the economy amidst a severe crisis.Key Facts
- Rodrigo Paz is Bolivia's next president after winning the runoff election.
- He received 54.5% of the votes, while his opponent, Jorge Quiroga, received 45.5%.
- Paz is the first conservative leader in Bolivia in nearly 20 years.
- Bolivia is experiencing a severe economic crisis, including high inflation and a shortage of dollars.
- Paz plans to reform the economy by ending the fixed exchange rate and reducing fuel subsidies.
- His presidency marks a shift from the nearly two-decade-long rule of the Movement Toward Socialism (MAS) party.
- Quiroga conceded defeat and encouraged calm acceptance of the election results.
- The U.S. State Department congratulated Paz and expressed interest in working with Bolivia to improve economic stability and security.
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