Explainer-Who are Bolivia’s presidential runoff contenders promising economic overhaul?
(Reuters) -Bolivia, on October 19, a chairman of the Central Senator Rodrigo Paz and former Conservative President Jorge “Tuto” Quiroga will take a chairman.
The election points to a significant political change following the worst defeat of the Socialism Power Movement (MAS) party in twenty years. Paz led the first round, and the result will now depend on which candidate can win the supporters of the eliminated competitors.
Who is Rodrigo Paz?
Rodrigo Paz, a 57 -year -old economist and senator of the Central Christian Democratic Party (PDC), is a career politician who aims to present himself as an experienced but new alternative.
He served as the son of former President Jaime Paz Zamora and previously a member of the congress in south of Bolivia and the Mayor of Tarija. After August 17, Business Magnate Samuel Doria Medina, who ranked third in the first round.
He promises what to do if the bazae is chosen?
The platform of Paz is based on the government’s decentralization and modernizing the economy. The flagship proposal is a “50-50 economic model”, which will see that the central government manages only half of all public funds, the other half goes directly to regional governments.
He also advocates to close the unprofitable government companies. To cope with corruption, Paz recommends the application of blockchain technology for more transparency.
Referring to the economic concerns of Bolivia, it plans to create a currency fund that will include crypto currency assets, which has become a popular fence against inflation in the country.
Who is Jorge ‘Tuto’ Quiroga?
Jorge, a well -known figure in Bolivian politics, is a conservative candidate representing the coalition of 65, Alianza Libre. In short, he served as president from 2001 to 2002 and worked as an IMF Advisor and Mining Manager.
Quiroga fills his campaign as a “radical change” to reverse what he calls “20 losses” under socialist leadership.
What to do if Quiroga is chosen?
Quiroga promises deep interruptions in public expenditures and judicial reform. Neighbor Argentina praised Liberter President Javier Milei’s economic policies and said he would consider a rescue package from the international money fund.
Regarding foreign policy, he promised to re -establish Bolivia’s relations with Israel. A unique proposal from the campaign is the creation of a “popular property title” worth $ 1,500 for every adult Bolivia, which can be used as a guarantee to secure loans. The platform is seen as a friendly friend to the private sector and aims to connect with the United States closer.
(Daniel Ramos reports by Monica Machicao and Lucinda Elliot; by Brendan O’Goyle;
