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New Delhi, Jan 04 (ANI): Bolivia will hold new presidential election on May 03, after the country's electoral tribunal announced previous election invalid. Previous elections were annulled following allegations of fraud and Bolivia's now-ousted President Evo Morales who was declared the winner last year in a widely disputed election. "Election tribunal is working to fix problems with vote counting and the computer system which the organization of American States had claimed", said Salvador Romero, president of the tribunal.