What Will Keiko Fujimori Face as President of Peru?

On her fourth attempt, Keiko Fujimori is set to finally become Peru’s president. The right-wing former congresswoman will enter the presidential palace having bested her opponent, leftist lawmaker Roberto Sánchez, with just 50.1 percent of valid votes in the June 7 second round.

“Our country is very divided,” says guest Alfredo Thorne, a former Peruvian finance minister, of the country’s third consecutive razor-thin runoff. But he also has optimism for the future his country’s liberal democracy after a decade of high presidential turnover. As Thorne tells AS/COA’s Carin Zissis in this episode of Latin America in Focus, Peru’s Congress will have a Senate for the first time in 30 years and the fact that Fujimori will need to reach across the aisle “means that the true embryo of democracy is in that Congress.”

On the trade front, the former World Bank senior economist predicts that Fujimori’s administration is unlikely to break from Beijing even as it seeks to “keep fluid relations with Washington.” As for the crucially steadying role of Peru’s Central Bank, Thorne remains confident in its institutional strength, even with the potential departure of its revered chief, Julio Velarde.

This episode was produced by Executive Producer Luisa Leme and Associate Producer Khalea Robertson. Carin Zissis is your host.

See AS/COA Online’s ongoing coverage of Peru’s 2026 election: https://www.as-coa.org/articles/peru-elects-2026-ongoing-coverage-presidential-race And bookmark our election guide to keep up with all the key races this year in Latin America: https://www.as-coa.org/2026

Plus, read more of Alfredo Thorne’s analysis on Peru’s politics and economy in Americas Quarterly: https://americasquarterly.org/aq-author/alfredo-e-thorne/

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The music in the podcast are "Inti Raymi" by Curi Cachimuel and “Tempestad” performed by Las Tipas for Americas Society. Find out about upcoming concerts at musicoftheamericas.org. Share your love for Latin America: Join Americas Society.

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