El Salvador initial polls show Nayib Bukele to win re-election

Pro-Bitcoiner Nayib Bukele is widely expected to win his second term as president, with early official voting data indicating his party has won 87% of the votes — though the final results are yet to be released.

Official results as of Feb. 5, 5:30 am UTC from the country’s electoral authority the Supreme Electoral Tribunal (TSE) show Bukele’s populist Nueva (New) Ideas party leads by over 1.1 million votes with 31.5% of the vote counted.

In total, New Ideas is closing in on 1.3 million votes, followed by just over 110,000 for the left wing Farabundo Martí Front (FMLN) led by Manuel Flores while nearly 97,000 votes have gone to the right-wing Nationalist Republican Alliance (Arena) led by Joel Sánchez.

Earlier, CID Gallup reported exit polls showed Bukele’s party held 87% of the votes while Flores and Sanchez respectively held 7% and 4%. If Bukele maintains his lead he will be sworn in as president on a five-year term and serve until 2029.

In an X post, Bukele proclaimed victory before any official results were announced and said his own party’s data shows he had won the election with more than 85% of the votes and a minimum of 58 out of 60 deputies in the assembly.

A spokesman for the country’s National Bitcoin Office told Cointelegraph that it expects an even higher proportion of votes going to Bukele once the official results are out.

#news #btc #elSalvador

Feb-5-2024 08:30:30 AM