Peru Picks a New Conservative President Amid Regional Shift

Keiko Fujimori will assume office on Tuesday, becoming Peru’s first elected female leader amid a broader conservative surge across Latin America. Her victory followed a tense runoff in which she narrowly defeated left‑wing congressman Roberto Sánchez. The result reflects voters’ frustration with crime, sluggish growth and ongoing political turmoil.

A Legacy Revisited

The Fujimori name carries significant weight. As the daughter of former president Alberto Fujimori, whose legacy remains deeply divisive, Keiko’s win underscores how established political dynasties can still mobilize support when citizens feel disillusioned. After years of unsuccessful attempts to return to power, she finally secured the presidency in June.

Policy Priorities and International Alliances

Fujimori has openly praised former U.S. President Donald Trump and expressed interest in joining the “Shield of the Americas,” a regional plan aimed at tackling transnational crime. Washington is keen to deepen ties with Peru, a key copper and minerals exporter that also hosts strategic Pacific ports. The U.S. hopes this partnership will counter China’s growing influence in the region.

• Cabinet appointments
• Elmer Cuba – former central bank board member, appointed economy minister.
• Carlos Espa – former presidential hopeful with U.S. Embassy experience, appointed foreign minister.

Fujimori promised to build consensus and turn decisions into tangible results for citizens.

Legislative Landscape

Peru’s Congress is split.

• Popular Force will hold the largest minority bloc.
• The opposition controls the lower house after a recent vote that gave them leadership of the Chamber of Deputies.

Keeping legislative support will be difficult; analysts warn there is little room for a “honeymoon period.” Fujimori must earn trust from a wary public and meet high expectations.

Economic Outlook

Peru’s resilience is largely driven by copper exports. The central bank recently lifted its 2026 growth forecast to 3.4% due to stronger domestic demand and investment. However, the economy slowed in May when fishing output fell sharply and agricultural exports weakened, highlighting vulnerability to climate shocks.

Inauguration Highlights

The inauguration will be attended by several regional leaders, including:

• Javier Milei (Argentina)
• Jose Antonio Kast (Chile)
• Daniel Noboa (Ecuador)

Their presence underscores the broader rightward trend sweeping Latin America.