Bolivians elected pro-business center-right senator Rodrigo Paz as president, ending two decades of MAS dominance. Paz won the runoff with 54.6% to Jorge "Tuto" Quiroga’s 45.4%, and vowed to "open Bolivia to the world." The vote unfolded amid a dollar shortage, a plunging boliviano, and 23% inflation. Both candidates pledged to fix the exchange rate, restructure state firms, and attract investment, while ending costly fuel subsidies despite unrest threats. Paz rejects an IMF bailout, favoring anti-corruption measures and gradual subsidy cuts, and both sought closer ties with the United States.

Prepared by Lauren Mitchell and reviewed by editorial team.