Bolivia turns page on Socialist era, elects great-nephew of 1952 revolution leader

France 24•Monday, October 20, 2025 at 9:41:32 AM

Bolivia has elected Rodrigo Paz as its new president, marking a significant shift from two decades of socialist governance. As a center-right senator and economist, Paz aims to tackle the country's severe economic crisis by implementing a 'capitalism for all' strategy, which includes cutting public spending and fuel subsidies. His promise of a consensus-driven leadership style resonates with many Bolivians looking for stability and growth. This election is crucial as it signals a new direction for Bolivia's economic policies and governance.

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