The measure was approved yesterday by 25 of the country's 45 senators. The yes votes came from members of the governing Colorado Party and several opposition groups.
It would allow current President Horacio Cartes and previous presidents to run for the top job again in the 2018 election. Presidents are now limited to a single 5-year term.
The proposal also must be approved by the Chamber of Deputies, where 44 of the 80 members belong to the Colorado Party.
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