LatinNews Daily - 13 October 2025

*The two candidates in the 19 October second round of Bolivia’s presidential election have held the final televised debate of the campaign, in which they offered competing visions of how to revive the country’s dwindling international reserves. Right-wing former president Jorge Quiroga (2001-2002), of the Libre party, said that he would seek up to US$12bn through an agreement with the International Monetary Fund (IMF). His centre-right rival Rodrigo Paz, of the Partido Demócrata Cristiano (PDC), argued that an IMF deal would predominantly benefit the country’s elites and said that there are US$3.5bn in loans which are already available to Bolivia. This appeared to be a reference to credit which was repeatedly sought by outgoing President Luis Arce but which was denied by congress. Whilst Bolivia’s dollar reserves have shown some improvement in recent months, concern persists that the country might not be able to meet its debt servicing obligations next year.

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