Alejandro Giammattei will assume the presidency of the country on January 14, 2020 with the challenge of implementing policies aimed at providing greater legal certainty to investments and reactivating the economy.
According to the most recent results of the Supreme Electoral Tribunal, Alejandro Giammattei won the second round of elections by a wide margin, concentrating 57.9% of the votes, a proportion higher than the 42.1% captured by Sandra Torres, candidate of the Unidad Nacional de la Esperanza (National Unity of Hope). See full results.
On August 11, Guatemalans will go for the second time to the polls, in a climate of uncertainty, tension and roadblocks, because of dissatisfaction with the results of the first round of elections and the recent immigration agreement signed with the United States.
For Fitch Ratings, the results of the General Elections in Guatemala put at risk the approval of reforms necessary for the development of the country, since the next legislature will be composed of deputies from 15 different political parties.
The deputies to the Congress of the Republic who were elected for the 2020-2023 period and who will take office on January 14, 2020, will have the challenge of directing efforts from the legislative in the area of economic development.
After the presidential candidates Sandra Torres and Alejandro Giammattei obtained 26% and 14% of the votes, respectively, they will have to go to a second electoral round on August 11 to define who will be the next president of the country.
Next June 16, Guatemalans will have to elect the new government that will assume in January 2020, which will have the challenge of implementing the policies needed to respond immediately to the most urgent demand of the population: the employment generation.
The country's electoral process has been surrounded by uncertainty, since four of the presidential candidates were decided in the courts.