Bolivians will return to the polls on May 3 after irregularities in the previous presidential election in October 2019 triggered weeks of unrest and the resignation of the country's longtime leader, media outlets reported.

Former President Evo Morales, who stepped down after serving three terms in November 2019 amid the unrest following the disputed previous election, will be barred from participating in the rerun. He was the country's president for nearly 14 years.

Morales' Movement for Socialism party could field former economy minister Luis Arce or indigenous leader Andrónico Rodríguez as its candidate, the Financial Times said, adding that the presidential candidate from the opposition party has yet to be decided.