Commodities May 12, 2026 11:18 AM

Fujimori and Sanchez Hold Leads as Peru's April Vote Count Nears Completion

With 99.76% of ballots tallied, a runoff is set for June 7 as outstanding ballots and fraud allegations prolong the process

By Maya Rios

Peru's initial round of presidential voting in April remains unresolved as electoral officials report 99.76% of ballots counted. Conservative Keiko Fujimori leads with 17.17% of the vote, followed by leftist Roberto Sanchez at 12.00% and ultra-conservative Rafael Lopez Aliaga at 11.91%. The final official result is due by May 15, and a runoff between the two top candidates is scheduled for June 7.

Fujimori and Sanchez Hold Leads as Peru's April Vote Count Nears Completion

Key Points

  • Electoral authorities report 99.76% of April first-round ballots counted; final result due by May 15.
  • Keiko Fujimori leads with 17.17%, Roberto Sanchez follows at 12.00%, and Rafael Lopez Aliaga at 11.91%; Sanchez holds about a 15,000-vote lead over Lopez Aliaga.
  • No outright winner emerged - a runoff between the top two candidates is set for June 7; combined right-wing parties of Fujimori and Lopez Aliaga would hold a majority in both chambers of the reinstated bicameral legislature.

Electoral authorities in Peru reported that 99.76% of ballots from the April first round presidential election had been counted as of Tuesday, leaving the contest headed toward a runoff between the two candidates with the highest shares of the vote.

With the count nearly complete, conservative Keiko Fujimori held a lead with 17.17% of ballots tallied. Leftist Roberto Sanchez was in second place at 12.00%, narrowly ahead of ultra-conservative former Lima mayor Rafael Lopez Aliaga, who stood at 11.91%.

Sanchez maintained a margin of roughly 15,000 votes over Lopez Aliaga as additional results continued to trickle in through Peru’s ONPE electoral office. Officials said several thousand ballots remain to be processed, representing roughly 50,000 votes in total, though voting patterns observed in recent days suggested the overall outcome was unlikely to change dramatically.

The country’s electoral authorities set a deadline for the final announcement of the first-round result by May 15, following weeks of delays that electoral bodies attributed to logistical problems and after the process became the focus of fraud allegations from some camps.

Lopez Aliaga has been among those who publicly alleged irregularities in the counting, a dispute that coincided with the resignation of Peru’s top electoral official. That official is now the subject of an inquiry by the public prosecutor. European Union observers said they did not find concrete evidence of fraud.

No candidate secured sufficient support to avoid a second-round vote. A runoff between the top two finishers is scheduled for June 7.

Separately, results from April’s general election indicated that the parties aligned with Fujimori and Lopez Aliaga together would hold a majority in both chambers of Peru’s reinstated bicameral legislature - the Senate and the lower house.


Key context provided by the count:

  • Ballots counted so far: 99.76%.
  • Top three first-round shares: Fujimori 17.17%; Sanchez 12.00%; Lopez Aliaga 11.91%.
  • Outstanding ballots: several thousand uncounted, representing roughly 50,000 votes.

The counting process and its aftermath remain under scrutiny as Peru moves toward the scheduled runoff.

Risks

  • A small number of outstanding ballots remain uncounted (several thousand, roughly 50,000 votes), creating a degree of uncertainty around final tallies - this uncertainty could affect market sentiment.
  • Fraud allegations and the resignation of the country’s top electoral official, now under public prosecutor investigation, have increased political uncertainty.
  • Delays and logistical failures in the count have prolonged resolution of the election, prolonging policy clarity for stakeholders and investors.

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