Ecuador

Second round runoff today to decide the new President for Ecuador


Published

Ecuador returns to the polls today in a second round runoff in the presidential election. Lenín Moreno of the ruling left-wing PAIS Alliance is facing Guillermo Lasso of the centre-right CREO (Creating Opportunities).

Moreno took 39.36% of the vote in the first round on 19th February and Lasso took 28.09%. The latest opinion polls suggest that Moreno is on 44.3% and Lasso is on 41.3% with Moreno’s vote slowly dropping from a peak in late February when he was on 59% support. Independent observers believe the final result could be very close.

There are 12,816,698 eligible voters voting across 44,510 polling stations between 7 a.m. and 5 p.m. local time. Voting is compulsory and overseas voting is also taking place. The Electoral Commission (CNE) has said that it expects the results of a ‘quick count’ to be known by 8 p.m. local time.

The new president will take over from incumbent President Rafael Correa on 24th May.

More detailed briefing on the politics and risk of doing business in this country is available to clients and subscribers. If you would like to know more then please contact enquiries@tradebridgeconsultants.com


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