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Reuters

Bolivia heads to presidential election amid an economic crisis

Reuters · New
Reuters
Reuters
New

Bolivia faces its worst economic crisis in decades as voters prepare for the August 17 presidential election, with inflation soaring to 24.8% and severe fuel shortages plaguing the nation.

Breakdown
  • Bolivia faces severe fuel shortages and high inflation as the presidential election approaches. 4s
  • President Luis Arce's government is under pressure as foreign currency reserves dwindle. 53s
  • The ruling MAS party is fractured and polling at only 12 percent, while Samuel Doria Medina leads in betting markets. 1m 10s
  • Bolivia's lithium industry remains underdeveloped despite large reserves. 1m 41s
  • A runoff election will be held if no candidate wins more than 40 percent with a 10-point lead. 2m 38s
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