LA PAZ – Bolivia holds a runoff presidential election on Sunday , and the race is in a dead heat as voters decide which conservative and capitalist candidate can better address the country’s economic crisis, after almost two decades of rule by the Movement Toward Socialism party.

Since 2023, the Andean nation has been crippled by a shortage of U.S. dollars that has locked Bolivians out of their own savings and hampered imports. The value of a boliviano on the black market is half the official exchange rate.

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Year-on-year inflation soared to 23% last month, the highest rate since 1991. Fuel shortages paralyze the country.

Both right-wing former President Jorge “Tuto” Quiroga and centrist senator Rodrigo Paz have billed themselves as candidates of change,

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