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Quiroga Pitches $12 Billion Rescue and Market Overhaul Ahead of Bolivia Runoff

The Paz–Quiroga contest signals a rightward shift after two decades of MAS dominance.

Rodrigo Paz y Jorge Quiroga disputarán un balotaje el 19 de octubre
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Bolivia pone fin a 20 años de socialismo: el centrista Rodrigo Paz Pereira y el derechista Jorge ‘Tuto’ Quiroga van el balotaje

Overview

  • Bolivia heads to an October 19 runoff between centrist Rodrigo Paz and conservative ex-president Jorge “Tuto” Quiroga after a first round led by Paz with 32.06% to Quiroga’s 26.7%.
  • In an AP interview, Quiroga outlined a plan to secure $12 billion from multilateral lenders to stabilize the financial system and to rewrite sector laws in agriculture, hydrocarbons, and mining to spur private investment.
  • He framed the agenda as a “revolución propietaria liberal,” emphasizing individual property rights in land, housing, and lithium to attract capital and trade.
  • Quiroga said he would enforce existing arrest orders, including in a case involving Evo Morales, and would recognize Edmundo González instead of Nicolás Maduro while seeking closer ties with the United States and fuel deals with Russia if advantageous.
  • Paz, a Democratic Christian senator who drew support from disaffected MAS voters, is presented in reporting as a centrist with libertarian influence through adviser Jaime Dunn, reflecting a broader move toward market-friendly policies.