Home World News Banker Lasso Win Surprise Election In Ecuador | Political news

Banker Lasso Win Surprise Election In Ecuador | Political news

Ecuadorians went to the polls with the pandemic pushing a third of the people into poverty.

Former banker Guillermo Lasso has declared victory in the Ecuadorian presidential election, after his challenger, left-wing economist Andres Arauz, admitted failure in a poll unfolding against the pandemic COVID-19 devastated an already troubled economy.

Lasso said he accepted the “challenge” of ruling after winning the run with 52.5% of the vote from 97% of the votes counted, according to data compiled by the National Election Commission. announced.

The Election Commission will speak at 10:00 pm local time (3am GMT).

“It was a day when all Ecuadorians had decided on their futures, they used their votes to express their need for change and for better days,” Lasso stated at one time. the rally where supporters gleefully chanted “President Lasso!”

Lucia Newman, Al Jazeera’s Latin America editor, said it seems that Ecuadorians have been preparing for Lasso a “chance” after he describes himself as a possible “father”. bring the country together.

Lasso supporters celebrate the former banker’s victory [Fernando Mendez/AFP]

“That was a surprise,” she said from the Chilean capital Santiago, noting that Arauz had been at the forefront of the majority of the campaign. “His conservative economic policies were not as pervasive. But Ecuadorians will give this banker and businessman a chance. He would actually cut his work out for him. “

The oil-exporting nation’s economy was already weak when the coronavirus broke out last year, but the pandemic pushed a third of its population of more than 17 million into poverty and left half a million unemployed.

The austerity measures, part of a $ 6.5 billion funding agreement with the International Monetary Fund imposed by President Lenin Moreno, who did not run for re-election, were ineffective and only cause more pain.

Election board figures show 1.6 million blank votes, likely the result of indigenous activist Yaku Perez urging supporters to spoil their votes.

Perez ran for the first round poll in February and nearly lost to Lasso for a place in the vote, which he deemed election fraud despite providing no evidence.

Left-wing economist Andres Arauz led most of the race but lost Sunday night [Santiago Arcos/Reuters]



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