Overview
- The electoral authority reports Paz won 54.5% to Jorge “Tuto” Quiroga’s roughly 45.5%, and Quiroga publicly congratulated the winner.
- Paz said he will restore diplomatic relations with the United States, a step Washington welcomed as a chance to reset ties.
- Campaigning under the slogan “capitalism for all,” he proposed tax reforms, a more open investment climate and a new cash benefit for women.
- Bolivia faces near‑25% inflation with fuel and dollar shortages, and unions and analysts warn subsidy cuts or social trims could spur protests.
- Without a parliamentary majority for his party, Paz has signaled a consensus‑driven cabinet and will need coalition backing to pass reforms.