Christian Democratic Party (PDC) candidate Rodrigo Paz won the presidential election in Bolivia.
According to preliminary results published by the country’s Supreme Electoral Tribunal, 97% of the ballots were processed.
According to these data, the 58-year-old politician from the Christian Democratic Party, representing the center-right spectrum, received 54.53% of the vote.
His opponent, former President Jorge Quiroga, known by the nickname “Tuto” and representing conservative forces, was able to secure the support of only 45% of voters.
The official inauguration ceremony of the new president is scheduled for November 8.
Rodrigo Paz’s victory in the second round The elections, held for the first time in Bolivia’s history, marked the end of 20 years of dominance by the Party of the Movement to Socialism (MAS), the leading leftist movement in Bolivian and Latin American politics.
During the election campaign, Paz emphasized the need for comprehensive reforms. The politician introduced the concept of “capitalism for all”, which involves expanding economic freedoms, stimulating production and trade, as well as providing affordable credit opportunities for small and medium-sized businesses.
Rodrigo Paz, son of former head of state Jaime Paz Zamora (1989-1993), will take office amid one of the deepest economic crises in the last 42 years.