Keiko Fujimori declared winner of Peru presidential race
Fujimori won 50.135% of the vote in the 7 June runoff to clinch the nation's top office in her fourth run for the presidency, just ahead of leftist congressman Roberto Sanchez's 49.865%, a difference of about 50,000 votes out of 18 million
Highlights:
- Fujimori won 50.135% to 49.865%, a margin of 49,641 votes
- She will take office on 28 July as Peru's 10th president since 2016
- Moody's says Fujimori win boosts markets and could advance stalled mining projects
After weeks of protests, fraud accusations and review of contested ballots in a razor-thin race, conservative Keiko Fujimori was officially declared the winner of Peru's presidential race by the country's electoral office on Friday.
Fujimori won 50.135% of the vote in the 7 June runoff to clinch the nation's top office in her fourth run for the presidency, just ahead of leftist congressman Roberto Sanchez's 49.865%, a difference of about 50,000 votes out of 18 million.
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"We're going to identify all the best practices, initiatives, and projects that have yielded results so that they can continue," Fujimori said at her party headquarters alongside her staff, adding that "today marks the beginning of a new era for Peru — an era of responsibility, dialogue, and results to restore confidence in our institutions."
The slim margin is a reversal from the narrow loss Fujimori suffered in 2021, when she fell short by about 45,000 votes to former leftist President Pedro Castillo. Castillo was impeached and jailed for trying to dissolve Congress in 2022.
Sanchez is widely seen as Castillo's political heir and has said he will not recognise Fujimori's government after claiming, without providing evidence, electoral fraud. Sanchez, boosted by voters from Peru's rural regions, led the race earlier in the count and also won votes cast within the country by a slim margin. He has led marches contesting the vote and filed a complaint with the Inter-American Commission on Human Rights challenging the elections.
Fujimori was boosted by voters in the capital region of Lima and also led votes cast by overseas ballot by a wide margin, pushing her to victory.
The tight, drawn-out race has highlighted the country's deep polarisation and political instability that led to the ousting of several presidents over the last decade.
Conservative leaders congratulate Fujimori
When Fujimori assumes power on 28 July, she will be the 10th president since 2016. She will succeed interim President Jose Balcazar, who took over in February after a series of presidential dismissals over accusations of corruption or abuse of power.
Fujimori's win reaffirms Latin America's rightward shift, and other conservative leaders in the region, including Argentina's Javier Milei, Chile's Jose Antonio Kast and El Salvador's Nayib Bukele, have already congratulated the president-elect.
US Secretary of State Marco Rubio also congratulated Fujimori in a statement on Tuesday, saying that President Donald Trump's administration looks forward to deepening cooperation on security, investment and trade.
Her victory was also welcomed by markets, which had been rattled by the prospect of a Sanchez win. On Thursday, Moody's issued a report saying a Fujimori government will preserve policy continuity, bolster investor confidence and help the country sustain growth.
The report added that this could help unlock delayed mining projects in Peru, which is the world's third-largest copper producer.
A divisive dynasty
Fujimori, 51, is the daughter of late President Alberto Fujimori, who governed the country with an iron fist from 1990 to 2000 and was credited with defeating Maoist insurgents and taming runaway hyperinflation.
But the Fujimoris are still a controversial dynasty in Peru. Alberto served 16 years in prison for human rights abuses and Keiko spent years under investigation over campaign financing allegations, which were dropped last year. She was imprisoned multiple times between 2018 and 2020 during the investigation, spending nearly a year and a half in jail.
Fujimori will now be tasked with uniting a polarised nation with a fragmented Congress prone to ejecting presidents. The country also faces a vast economic divide between the capital of Lima and rural areas, where heavy protests and clashes with security forces killed over 60 people after Castillo was removed from office.
Those areas were also Sanchez's bastion of support and his party, Together for Peru, holds the second-largest bloc in Congress, with Fujimori's party holding the most seats.
