Overview
- The center-right leader’s PDC is reported to hold 47 seats in Congress, a plurality that will still require alliances to pass reforms.
- Bolivia is grappling with long fuel lines, dollar shortages, inflation above 23% over 12 months, a fiscal deficit near 5% of GDP, and historically low hydrocarbon output.
- Paz’s “capitalism for all” plan pairs private-sector incentives with continued social programs, alongside decentralization, lower taxes, and fiscal discipline.
- He signaled he would avoid seeking new external credit until public finances are restructured, according to campaign statements reported by local media.
- Analysts warn of potential resistance from unions and MAS supporters, with reports that Evo Morales is a fugitive believed to be in Chapare, while Paz outlines pragmatic ties with Brazil, Mercosur, BRICS, and the United States.