Peru will hold general elections on April 12, with a runoff on June 7 if no candidate obtains more than 50% of the vote. Peruvians will elect a president, two vice presidents, the 130 members of the Chamber of Deputies and, for the first time in over three decades, a 60-seat Senate, marking the return of a bicameral legislative system. The presidential race is characterized by severe political fragmentation, with a record 35 candidates vying for the top office. Leading candidates are polling in the low double digits, and many voters remain undecided, setting the stage for late swings in voter sentiment and an unpredictable outcome. The legislative election, meanwhile, will likely result in multiple center-right parties gaining most seats, especially since this year marks the end of a ban on immediate legislative reelection. Such an outcome would likely improve the governability conditions of a right-wing president but become an...
