Bolivia’s presidential election looks set for an unprecedented run-off in December after preliminary results suggested that socialist Evo Morales had failed to win outright a controversial fourth term. Following his toughest presidential fight since sweeping to power in 2006, the country’s first indigenous president on Sunday night hailed a “historic triumph”, despite failing to secure a sufficient lead over Carlos Mesa, a former president. Mr Morales was ahead with 45.7 per cent of the vote with 83.8 per cent of ballots counted, while Mr Mesa was on 37.8 per cent. Mr Morales needed at least 40 per cent of the 5m votes cast, plus a lead of more than 10 percentage points over Mr Mesa to avoid a second-round vote on December 15.
Public companies generated revenues of $10.15 billion in 2018, reported the Technical Office for the Strengthening of Public Enterprise (OFEP). The total number of direct jobs generated in public companies in 2019 is more than 30 thousand jobs.
Bolivia’s next government will inherit a country with an external debt of $10.7 billion, one of the highest recorded in the last decade, it will also receive one of the highest deficits in the region, above 8% of Gross Domestic Product (GDP) and a sharp fall of international reserves.