Politics8/26/2025Bloomberg

Runoff Contender Vows to Rework Bolivia’s $14 Billion Debt

Runoff Contender Vows to Rework Bolivia’s $14 Billion Debt

In the upcoming Bolivian presidential election, Jorge Tuto Quiroga, a runoff contender, has vowed to renegotiate the country's $14 billion in foreign debt if elected. Quiroga's plan aims to stabilize Bolivia's economy, which has been severely impacted by shortages and high inflation. The candidate's proposal focuses on securing more favorable terms for the nation's substantial debt obligations. Quiroga believes that by reworking the debt, he can address the economic challenges facing Bolivia and provide relief to its citizens. The article highlights the significance of Bolivia's debt situation and Quiroga's determination to tackle it as a key part of his campaign platform. As the election approaches, this issue is likely to be a crucial factor in the political discourse and the future direction of the country's economic policies.

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