Uruguay's Coalición Ties with Frente Amplio in Poll, Leads Against Cosse

Tight race in Uruguay's upcoming presidential election, with Frente Amplio's candidate selection potentially decisive. Orsi pledges to repeal cash transaction provision, highlighting focus on financial transparency and anti-corruption.

author-image
Geeta Pillai
New Update
Uruguay's Coalición Ties with Frente Amplio in Poll, Leads Against Cosse

Uruguay's Coalición Ties with Frente Amplio in Poll, Leads Against Cosse

A recent poll conducted by Opción shows Uruguay's Coalición party in a tight race with the Frente Amplio party if Yamandú Orsi is the Frente Amplio candidate in the upcoming presidential election. The poll indicates the two parties are tied when Orsi is the nominee. However, the Coalición holds a 6-point lead over the Frente Amplio if Carolina Cosse is the candidate instead.

Orsi, who is currently a pre-candidate for the Frente Amplio nomination, has stated that if elected president, he would repeal a provision allowing cash transactions up to $100,000. This measure was introduced as part of changes to the financial inclusion law under the Urgent Consideration Law (LUC). "Uruguay has provided 'fodder to the beasts' by increasing the amount of cash that can be used in transactions without proper controls," Orsi acknowledged. He pledged to modify that regulation if he wins the presidency.

Why this matters: The poll results emphasize the competitiveness of the upcoming Uruguayan presidential election and the potential impact of the Frente Amplio's candidate selection. The outcome could significantly shape the country's financial regulations and anti-corruption efforts in the coming years.

The Opción poll provides a snapshot of the current political landscape in Uruguay as the nation prepares for a pivotal election. The Frente Amplio party aims to regain power after losing the presidency to the Coalición in 2019. The choice between Orsi and Cosse as the Frente Amplio nominee could prove decisive in determining whether the party can unseat the incumbent Coalición government. Orsi's strong stance on repealing the controversial cash transaction provision may resonate with voters concerned about financial transparency and combating corruption.

Key Takeaways

  • Tight race between Uruguay's Coalición and Frente Amplio parties in upcoming election.
  • Frente Amplio candidate Yamandú Orsi tied with Coalición, but Coalición leads if Carolina Cosse is nominee.
  • Orsi pledges to repeal provision allowing $100,000 cash transactions, citing lack of controls.
  • Outcome could significantly impact Uruguay's financial regulations and anti-corruption efforts.
  • Frente Amplio aims to regain presidency after losing it to Coalición in 2019.