Struggle-weary voters firmly rejected the Movement Toward Socialism party founded by former president Evo Morales during the first electoral round in August.
This election marks the end of an economic experiment that began with prosperity from Morales’s oil and gas nationalisations but culminated in critical fuel and foreign currency shortages under incumbent Luis Arce.
“There is desperation; most people live day to day,“ said Pamela Roque, a 29-year-old surgical technician considering emigration due to job scarcity.
Insufficient sector investment under Morales’s ally-turned-rival Luis Arce caused oil production to plummet and nearly depleted dollar reserves sustaining universal fuel subsidies.
Quiroga holds a narrow lead with 44.9% voter intention compared to Paz’s 36.5% support according to an Ipsos-Ciesmori survey.
“With either of the two, if quick solutions are not provided, the social cost and the risk of protests will be high,“ political scientist Ana Lucia Velasco told AFP.
Paz advocates balancing the budget before acquiring additional loans despite Bolivia’s external debt approaching one-third of GDP.
Velasco argues that maintaining subsidies while stabilising the economy represents an impossible combination.
Bolivian voter Jorge Serrano expressed distrust toward both candidates while highlighting pension inadequacy.
“Together with the people we will take the fight to the streets,“ Morales vowed regarding potential rightwing victory. – AFP
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