Peru is approaching the most consequential election in recent years. The core issue, more than knowing who will win, is whether the next government will have enough legitimacy, stability and political capacity to govern a country that is deeply fragmented and increasingly distrustful of its institutions. That is the true challenge facing Peruvian democracy.
“The national debate should center on governance, stability and the rebuilding of trust”
With the presidential race now defined between Keiko Fujimori and Roberto Sánchez, the national debate should focus on governance, stability, and rebuilding trust. However, much of the public discussion remains trapped in the aftershocks of an electoral process marked by challenges to the results, questions about the tally, and an ever-deepening polarization.
The electoral uncertainty may end on June 7. The crisis of trust, probably not. By contrast, the fragmentation, although common in the past, today could be described as a structural element of the system.
No candidate managed to come even close to a national majority. The electorate did not produce a clear political mandate; it produced a warning. By opting for abstention, blank votes, or minor candidacies, millions of Peruvians demonstrated a growing fatigue with a political class perceived as unable to offer stability or direction.
Moreover, allegations of fraud without conclusive proof, protests and the deterioration of the political climate reinforced a perception that has been growing for years: the rules exist, but fewer and fewer citizens fully believe in them. In that gap between legality and legitimacy the country’s stability is at stake today.
Survey results show a competitive and divided landscape. Fujimori maintains strength in Lima and in urban conservative segments. Sánchez appears more solid in provinces and in rural regions historically distant from the central power. This classic gap matters.
“The June 7 election will not solve all these problems. No election does”
Therefore, Peru is undergoing something more than a contest between candidates. It is a contest between distrusts. Many citizens will vote against someone, not necessarily for someone, and that kind of mandate may win an election, but it hardly builds lasting governability. That governability is, precisely, what Peru needs most.
Over the last decade, the country has demonstrated a remarkable capacity to maintain a degree of economic stability amid political disorder. That formula, however, has its limits. Investment, credit, employment, and business confidence depend on expectations that, ultimately, rely on institutional stability.
Peru has real assets: strategic resources, macroeconomic experience, a relatively open economy and an entrepreneurial society. No country, however, can sustain indefinitely a substantially stable economy on permanently unstable politics.
The next government, whatever it may be, will face three immediate tasks.
- First, defend electoral credibility. Pending disputes must be resolved in accordance with the law, with maximum transparency and without turning uncertainty into permanent political strategy.
- Second, build a minimal base of governability. Winning a fragmented election does not equal receiving a broad mandate. Whoever occupies the presidency will need agreements, not just victory.
- Third, reconnect with the whole country. Lima is not Peru. Rural and Andean regions cannot continue to appear merely as vote reservoirs or conflict hotspots. They must be at the center of any serious state project.
The June 7 election will not solve all these problems. No election does. But it can make a difference between two paths: deepening distrust or slowly starting to rebuild it.
Confidence in the rules.
Confidence in the institutions.
Confidence that the State can function.
Peru does not only need to elect a president.
It needs to begin rebuilding a republic that can govern.