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Alberto Fernandez wins the Argentine presidential election in the first round

2019-10-27T23:18:31.943Z

In Argentina, according to exit polls, and pending official results, the Peronist Alberto Fernández won the presidential election against the outgoing head of state, Liberal Mauricio Macri. Fernández, who was the favorite of ...



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Alberto Fernandez in a polling station, Buenos Aires, Argentina, October 27, 2019. REUTERS / Ricardo Moraes

In Argentina, according to exit polls, and pending official results, the Peronist Alberto Fernández won the presidential election against the outgoing head of state, Liberal Mauricio Macri. Fernández, who was the favorite of this election, is needed from this first round, so with more than 45% of the vote.

With our correspondent in Buenos Aires, Jean-Louis Buchet

The Argentineans have therefore chosen the return to Peronism. From Monday, exchange control will be strengthened, to limit the bloodletting that has lost $ 23 billion to the Central Bank since the primaries on August 11. Objective: to avoid the country finds itself without monetary reserves on December 10, date of taking office of the new president.

Thus will begin a transition long-six weeks - and all the more delicate as Mauricio Macri and Alberto Fernández do not speak to each other. It will be necessary that they do so, so that their teams come together and start working together to reassure the markets, but also the Argentinian street, always ready to react untimely in case of uncertainty.

And if the transition does not go too badly, will remain the elected president to prepare well after December 10. Alberto Fernández promised to revive an economy that has been in recession for eighteen months, to gradually reduce inflation while improving purchasing power, and to renegotiate without debt the debt with the IMF and private investors. It will be all the more difficult because he will not have all the hands on a government that will also weigh, among other Peronist leaders, former President Cristina Kirchner.

Source: rfi

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