Overview
- Unofficial results show Paz taking roughly 54–55% in the Oct. 19 runoff over Jorge “Tuto” Quiroga.
- His Christian Democratic Party will lead the new legislature without a majority, requiring cross-party compromise to pass reforms.
- The election turned on a deep economic crisis marked by the highest inflation in decades, a dollar shortage, and long lines for fuel and basic goods.
- Paz has pledged to review controversial lithium contracts signed with Chinese and Russian companies, a key decision for a country holding major reserves.
- U.S. officials publicly congratulated Paz, and he signaled plans to rebuild ties with Washington.