Peru’s presidential election remains too close to call as vote counting entered its fourth day, with the outcome likely to be determined through a lengthy legal review of disputed ballots.
Conservative candidate Keiko Fujimori has continued to reduce the narrow lead held by leftist rival Roberto Sanchez as overseas votes are added to the official tally. While Sanchez gained an early advantage from strong support in rural regions, Fujimori has benefited significantly from votes cast abroad, where she currently holds a commanding lead.
According to Peru’s National Office of Electoral Processes (ONPE), with 97.9% of ballots counted, Sanchez holds 50.025% of the vote compared to Fujimori’s 49.975%. The razor-thin margin highlights the intense competition in one of the country’s closest presidential elections in recent history.
Most domestic votes have already been processed, leaving only a small percentage of polling stations within Peru yet to be counted. However, a substantial portion of the remaining ballots consists of contested votes that must undergo judicial examination. Election monitoring organization Transparencia estimates that roughly 400,000 votes are tied to disputed polling stations, making the legal review process critical to determining the winner.
Omar Awapara, secretary-general of Transparencia, stated that the final result may not become clear until electoral authorities complete their assessment of challenged ballots. He noted that the review process could take several weeks due to the exceptionally narrow difference between the candidates.
Both Sanchez and Fujimori have urged supporters to remain patient while election officials finalize the count. Sanchez has also called for vigilance in defending the democratic process and has requested discussions with international observers regarding concerns surrounding the vote count.
International observers from the Organization of American States and the European Union reported that the election was conducted normally and emphasized the need for a complete count before declaring a winner.
Financial markets have remained relatively stable after earlier volatility. Peru’s benchmark stock index rose 0.68%, while the sol weakened 0.53% against the U.S. dollar. Analysts suggest investors believe overseas votes could further benefit Fujimori, although Peru’s political institutions are expected to limit major policy shifts regardless of who ultimately secures the presidency.
As Peru awaits the final election results, the nation faces continued uncertainty, with the next president likely to be decided through a combination of remaining vote counts and judicial rulings on contested ballots.


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