IBOV 185,724.89 ▲ 0.28% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,473.16 ▲ 0.91% MERVAL 3,134,612 ▲ 0.91% COLCAP 2,510.51 ▲ 0.85% BVL PERÚ 59,719.97 ▲ 0.61% USD/BRL5.11▲ 0.29% USD/MXN16.96▼ 0.07% USD/CLP931.79▼ 0.62% USD/COP3,133▼ 1.15% USD/PEN3.36▼ 0.25% USD/ARS1,508▼ 0.18% USD/UYU40.23▲ 1.13% USD/PYG5,924▲ 2.31% USD/BOB12.30▲ 4.75% USD/DOP58.65▲ 0.17% USD/CRC447.49▲ 1.34% USD/GTQ7.63▲ 2.30% USD/HNL26.84▲ 1.66% USD/NIO36.62▲ 0.71% USD/VES802.80▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.65▲ 0.05% EUR/BRL5.95▼ 0.36% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,724.89 ▲ 0.28% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,473.16 ▲ 0.91% MERVAL 3,134,612 ▲ 0.91% COLCAP 2,510.51 ▲ 0.85% BVL PERÚ 59,719.97 ▲ 0.61% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Thursday, September 3, 2026

Latin America Bolivia

Bolivia Governor Runoff: Can Paz’s Coalition Govern?

By · April 14, 2026 · 3 min read

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Key Facts

Five Bolivian departments vote Sunday April 19 in governor runoffs after no candidate met the first-round threshold of 50% or 40%-plus-10-point-lead

President Rodrigo Paz’s Alianza Patria has candidates in all five races — the runoffs will test whether the oficialismo can consolidate regional power during a deep recession

Electoral silence begins tomorrow (April 15); Santa Cruz is the tightest race at 28.3% vs 26.7%, while Chuquisaca is razor-thin at 34.7% vs 34.0%

Bolivia enters a decisive week for its Bolivia governor runoff cycle, with five of nine departments heading to the polls on Sunday to choose their regional executives. Electoral silence begins tomorrow, April 15, marking the final 72 hours before a vote that will determine how much territorial power President Rodrigo Paz’s coalition can claim barely six months into his administration.

The Rio Times, the Latin American financial news outlet, reports that the Tribunal Supremo Electoral confirmed the runoffs in Chuquisaca, Santa Cruz, Beni, Oruro, and Tarija after the March 22 first round produced the most fragmented political map in Bolivia’s democratic history. No candidate in these departments reached either 50% of valid votes or 40% with a 10-point lead over the runner-up.

The Five Bolivia Governor Runoff Matchups

Santa Cruz — Bolivia‘s economic engine — features the tightest contest. Juan Pablo Velasco of Libertad y República led the first round with 28.3% against Otto Ritter of Santa Cruz Para Todos at 26.7%. Former governor Luis Fernando Camacho, once a leading opposition figure, finished third with 22%, effectively ending his political career.

Five Departments, One Question: Can Paz’s Coalition Govern Bolivia’s Regions? (Photo Internet reproduction)
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Chuquisaca is equally close: Luis Ayllón of Alianza Gente Nueva at 34.7% versus Franz García of Alianza Patria Unidos at 34.0%. In Tarija, Adrián Oliva of Patria leads María René Soruco of Camino Democrático at 35.8% to 28.4%. Beni and Oruro present wider margins but remain politically significant tests for the oficialismo.

What’s at Stake for Alianza Patria

President Paz’s coalition has candidates in all five runoffs, making Sunday a referendum on whether the new government can translate its national mandate into regional governance. Los Tiempos reports the oficialismo is “playing its last cards” in Chuquisaca, Oruro, Tarija, and Beni.

The stakes are amplified by Bolivia’s severe economic crisis. The World Bank projects GDP contracting 3.2% in 2026, with $1.7 billion in debt service due this year.

Foreign reserves have collapsed from $15 billion a decade ago to under $2 billion. Governors who take office will inherit fiscal constraints that limit what they can deliver — making the political cost of winning almost as high as losing.

La Paz Drama and Logistics

La Paz was originally scheduled for a runoff but was removed after the opposition party Nueva Generación Patriótica unilaterally withdrew its candidate René Yahuasi. The TSE declared Luis Revilla of Alianza Patria as governor-elect without a vote and cancelled the party’s legal registration. Yahuasi protested the decision was taken without his consent and announced a legal appeal, but the TSE ratified the cancellation on April 6.

In Santa Cruz, 97 polling stations required a revote on April 5 after incidents during the first round before the runoff could be formally convoked. The TSE confirmed Monday that ballot packages are being assembled and material distribution to voting stations is underway across all five departments. Departmental electoral tribunals will assume control of public security forces on voting day.

For a country that has cycled through political crises at an exhausting pace — from the MAS collapse to the Morales ban to the August 2025 presidential vote that ended 20 years of left-wing rule — Sunday’s runoffs represent the final piece of Bolivia’s institutional reconstruction. The question is whether the new conservative order can govern a country in recession, or whether fragmentation at the regional level mirrors the dysfunction that brought down its predecessors.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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