Four Elections, Billion-Boliviano Deficit | Cuatro elecciones y un déficit millonario

By Marco Antonio Belmonte, Visión 360:

TGN Spending

Amid crisis and fiscal deficit, four elections in 15 months cost the country over one billion bolivianos

In December 2024, judicial elections were held; this year, national elections and a runoff; and in March 2026, subnational elections. Economist Julio Linares considers judicial elections a pointless expense, and argues that national elections could be decided by simple majority through a constitutional reform.

Una ciudadana deposita su voto en las elecciones generales recientes. Foto: ABI

A citizen casts her vote in the recent general elections. Photo: ABI

Amid the economic crisis and high fiscal deficit, Bolivia, in just over a year and three months (December 2024 to March 2026), will hold four elections (judicial, national, runoff, and subnational), requiring nearly 1 billion bolivianos from the General Treasury of the Nation (TGN).

Economist Julio Linares, a specialist in decentralization, indicated that the judicial elections of December 2024 cost 206.7 million bolivianos, the general elections demanded 321 million, and the runoff between 190 and 200 million. “For the first months of 2026, subnational elections are coming up, which will cost between 320 and 330 million bolivianos. We are talking about more than one billion bolivianos, that is, about 150 million dollars in four elections, during a complicated period for the country’s public finances, because all the money comes from the Treasury and this widens the fiscal deficit,” Linares observed.

The Government, in the 2025 General State Budget (PGE), projected for this year a fiscal deficit of -9.2% of the Gross Domestic Product (GDP).

Linares believes that the new government should evaluate the need to eliminate judicial elections and approve another mechanism for selecting judges based on merit, because in light of the results, they represent a pointless expense. This, since justice has not changed at all.

He also said that it should be analyzed whether, in national elections, the winner could be chosen by simple majority, thereby saving the cost of a runoff. “This would require a constitutional reform, but midterm elections to renew deputies and senators should also be considered,” he pointed out.

According to Linares, 200 million bolivianos fund the Juan Azurduy cash transfer program for one year, and with this amount, four years of the Juancito Pinto grant could be guaranteed, extending the benefit to early childhood education.

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