Morales confirmed that he will respect people`s decision in next year`s referendum. If the public vote in favor of the constitutional amendment then he would be willing to run for re-election again in 2019.
Morales also confirmed that he would not be making a "Yes" campaign for the referendum.
"If the people say `No` in the referendum, I will accept this and be happy with it," said Morales.
Bolivian Plurinational Legislative Assembly approved a constitutional amendment on Saturday allowing Morales and his Vice President Alvaro Garcia Linera to run for the re-election in 2019.
Once the amendment is approved by a constitutional referendum scheduled on Feb. 21, 2016, Morales will be able to stand in the 2019 elections for the 2020-2025 presidency.
Morales has been the president of Bolivia since January 2006 and won two other re-elections in 2009 and 2014 with the absolute majority and two-thirds in the Legislative Assembly. He is the first indigenous president in Bolivian history.
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