Politics, Business & Culture in the Americas

Toledo Announces Candidacy for 2011

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Former President Alejandro Toledo announced his intention yesterday to seek the presidency of Peru—an office that he held from 2001 through 2006. The 64 year-old will file for candidacy under the Peru Posible party that he founded in 1994. In his official announcement, Toledo pledged to fight for social equality, economic benefits to the poor and the prevention of corruption across the country.

President Toledo was elected in 2001 after the resignation of Alberto Fujimori—who is currently incarcerated for crimes against humanity—and the subsequent interim presidency of Valentín Paniagua. He took centrist and pro-market positions during his mandate and presided over a period of wide economic growth, even while his approval numbers dropped toward the end in his term.

A poll published earlier this week placed Toledo at third among constituent support for the upcoming April 2011 vote, at 16 percent. Among the candidate pool, ex-Mayor of Lima Luis Castañeda led the survey with 26 percent, followed by Keiko Fujimori, current congresswoman and daughter of the imprisoned ex-president, at 24 percent. Mr. Toledo is the first officially-announced candidate, although Mr. Castañeda and Ms. Fujimori are widely expected to follow suit in the coming weeks.

Toledo is expected to draw significant support from the remote Andean regions of the country, where he was raised in a small village.

Tags: 2011 Peru Elections, Alejandro Toledo, Peru
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