AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,599 Increased By 139.8 (0.55%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

imageLA PAZ: President Evo Morales swept to a third term with 61 percent of the vote, electoral officials said Saturday in confirming the result.

The October 12 balloting was a massive vote of support and a strong mandate to expand his leftist reforms.

In power since 2006 and Bolivia's first indigenous president, Morales earned 37 points more than his closest rival, wealthy cement magnate Samuel Doria Medina.

Morales will extend his time in office to 14 years, until January 2020, after Bolivia's Supreme Court ruled last year that his first term was exempt from a new constitution adopted in 2009 that imposed a limit of one re-election for sitting presidents.

After rising to prominence as a union leader fighting for the rights of the country's coca growers, Morales has brought sweeping changes since taking office in 2006.

His government has nationalized a broad range of industries, including oil, gas, mining, telecommunications and water; rolled out welfare grants for the elderly, children and expectant mothers; and moved to empower previously marginalized groups, among them the indigenous people who account for 65 percent of the population.

Defying opponents' dire warnings of economic catastrophe, Bolivia, one of the poorest countries in Latin America, has instead seen a boom.

The economy grew 6.8 percent last year and is forecast to grow more than five percent this year, one of the fastest rates in the region.

Copyright AFP (Agence France-Presse), 2014

Comments

Comments are closed.