Bolivia Elects Centre-Right Leader Rodrigo Paz as President
In a historic shift, Bolivia has elected centre-right economist and former mayor Rodrigo Paz as president, ending nearly two decades of leftist rule under the Movement for Socialism (MAS) party. Preliminary results show Paz winning 54% of the vote, defeating leftist opponent Juan del Granado (42%). The victory signals a demand for economic reform and stability.
Paz’s Vision: Economic Reform and Unity
The 58-year-old former Cochabamba mayor campaigned on promises of:
– Fiscal discipline to curb inflation (now at 7%).
– Anti-corruption measures after years of scandals.
– Private-sector growth to attract foreign investment.
In his victory speech, Paz declared, “This is a change of era—we govern for all Bolivians.”
Why Did Bolivia Turn to the Right?
Analysts cite three key factors:
1. Discontent with MAS: Critics accuse the former government of corruption and economic mismanagement.
2. Youth appeal: Paz’s job-creation pledges resonated with Bolivia’s under-30 majority.
3. Desire for pragmatism: Voters sought alternatives to polarized politics.
Challenges Facing Paz’s Government
- Divided Congress: MAS retains a strong legislative bloc, complicating reform efforts.
- Economic struggles: Dwindling foreign reserves and reliance on gas exports pose risks.
- Social tensions: Left-wing groups threaten protests if social programs are cut.
Global Reactions to Paz’s Victory
- U.S. & EU: Praised the election as a “democratic renewal.”
- Venezuela & Mexico: Urged caution, highlighting Bolivia’s leftist legacy.
- China: Pledged to maintain lithium industry ties.
What’s Next for Bolivia?
Paz takes office on January 22, 2025, facing a nation eager for change but wary of instability. His success hinges on balancing market reforms with social equity.
— NextMinuteNews
