Yamandú Orsi Elected as President of Uruguay
Yamandú Orsi has been elected as the new president of Uruguay, winning the runoff election held on November 24, 2024, with 49.84% of the votes against his rival Álvaro Delgado, who garnered 45.87%. This election marks a significant return of the left to power, as Orsi represents the Frente Amplio (FA) party, succeeding Luis Lacalle Pou of the National Party. Orsi's victory was celebrated with a gathering of supporters in Plaza España, although rain dampened the festivities.
Orsi's First Actions and Cabinet Expectations
Following his election, Orsi's first official act was a visit to former president José Mujica at his ranch, highlighting the importance of mentorship in his political journey. Orsi, who describes himself as a "progressive pragmatist," has already announced Gabriel Oddone as his Minister of Economy, aiming to reassure markets wary of leftist policies. The new president faces challenges ahead, including addressing security concerns and potential reforms to the retirement system, which has been a contentious issue in Uruguayan politics.
Transition of Power and Future Challenges
The transition of power is set to take place on March 1, 2025, with Orsi and Lacalle Pou expected to meet to discuss the handover process. Orsi's administration will need to navigate a divided Chamber of Deputies, as the FA does not hold a majority there. Key issues such as drug trafficking, crime, and economic stability will be at the forefront of Orsi's agenda as he prepares to implement his campaign promises.
