Peru's runoff will be contested between Keiko Fujimori and Pedro Pablo Kuczynsky

PERU - In Brief 11 Apr 2016 by Roberto Abusada
It is just past midnight on the election day in Peru and currently processed data suggest that almost surely Keiko Fujimori and Pedro Pablo Kuczynsky will participate in the runoff election scheduled for the 5th. of June. A sample of actual votes surveyed by Ipsos, a pollster, indicates that Fujimori had a confortable majority of 39.6% followed by Kuczynsky with 21.5% and Veronica Mendoza with 18.7%. ONPE, the electoral official entity, has published results after tallying more than 40% of votes cast showing Fujimori leading with 39.18% with Kuczynski and Mendoza with 24.25% and 16.57% respectively. Final results will be available later today. Keiko Fujimori is set to achieve a majority in Congress with over 65 members in the 130-seat Congress while Kuczynski and Mendoza will have a 20-seat representation each. These resulsts imply that the the presidency will be contested amongst the two most market-friendly candidates thus guaranteeing the maintenance of the basic pillars of the economic policy framework that has prevailed in Peru for the last 25 years. Interestingly, Mendoza a left wing candidate supported by essentially the same economic team that originally supported President Humala in 2011, before he changed his leftist "Great Transformation" plan towards a more market oriented stance in order to win the presidency in the runoff against Fujimori has apparently comfortably won in most jurisdictions of Peru's South. This could have negative implications for the solving of many social conflicts plaguing important mining projects in those regions.

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