FACTBOX-Candidates and platforms in Peru’s election

April 10 (Reuters) – Leftist Ollanta Humala is the
front-runner in Sunday’s presidential election in Peru, but he
is not expected to win outright victory, forcing a runoff
against the second-place candidate on June 5.

The latest polls suggested a runoff pitting Humala against
right-wing, pro-market lawmaker Keiko Fujimori, the daughter of
imprisoned former President Alberto Fujimori.

The other two candidates favored by the business community
are former Prime Minister Pedro Pablo Kuczynski and former
President Alejandro Toledo.

A runoff will be held if no candidate gets more than 50
percent of the vote.

Below are profiles and key proposals from each candidate:

OLLANTA HUMALA, FORMER ARMY OFFICER

Humala, 48, burst on the national scene in 2000 when he led
a short revolt to demand the embattled former president,
Fujimori, quit because of corruption scandals.

He has since tried to distance himself from his radical
past and his former political guru, Venezuelan President Hugo
Chavez, who endorsed his 2006 presidential bid.

Wearing a suit and tie, Humala made the most moderate
speech of his political life on March 28. He pledged to respect
central bank independence and Peru’s free-trade agreements.

He still talks about vigorously regulating strategic
sectors such as mining and oil, and opponents say the
government plan he submitted to Peru’s electoral commission is
far more radical than his softened tone on the campaign trail.

– A revised constitution for a “new economic model” that
keeps sectors including water and sanitation in public hands.

– Tax international miners 40 percent to 45 percent of
profits, up from 30 percent today. Hike oil and gas royalties.

– Keep annual inflation at about 2.5 percent with a stable
exchange rate. (PEN=PE: Quote, Profile, Research)

– Fiscal deficit not above 1 percent of gross domestic
product.

– Evaluate a gradual reduction of the national sales tax to
14 percent or 15 percent, down from 18 percent currently.

– Prioritize natural gas produced at Camisea fields for
domestic energy security rather than export.

– “Social control” of coca crops in the world’s No. 2
cocaine producer.

– Increase education and healthcare spending.

For full platform see: www.goo.gl/EInGt

KEIKO FUJIMORI, LAWMAKER

A popular member of Congress, Fujimori has indicated her
policies would mostly follow those of her father. A right-wing
populist in power from 1990 to 2000, Alberto Fujimori is now in
prison for corruption and human rights abuses.

In a topsy-turvy race, his daughter, 35, has held support
of about 20 percent from Peruvians who say the elder Fujimori’s
authoritarian measures saved the country from collapsing during
guerrilla insurgencies in the 1990s.

Poor supporters recall low-income housing programs and soup
kitchens while the business community credits him with curbing
hyperinflation and opening up Peru’s economy. They prefer Keiko
to left-wing populist Humala.

Keiko vows to respect human rights and says only the courts
can decide whether to pardon her father, who is now 72.

– Economic growth of at least 7 percent per year.

– Promote free markets and free trade.

– Cut red tape, simplify tax procedures and reduce the
costs of doing business by 20 percent in the next five years.

– Expand comprehensive health insurance.

– Build more prisons, death penalty for severe crimes.

– Enhance access to safe housing with water and basic
sanitation. Grant land titles and expand access to mortgages.

– Tax windfall profits of miners.

– Force wildcat miners to stop using toxic mercury.

For complete platform see: www.goo.gl/kHhZp

PEDRO PABLO KUCZYNSKI, FORMER PRIME MINISTER

Kuczynski, 72, is a former Wall Street executive who served
as prime minister under Toledo. A renowned technocrat, he also
worked at the World Bank and as finance and energy minister.

Many Peruvians see him as an outsider and call him “El
Gringo.” Kuczynski, who has degrees from Oxford and Princeton,
recently turned in his U.S. passport to the U.S. Embassy and
says he will give it up entirely if elected.

– Decentralize the Finance Ministry so regional governments
can more quickly approve infrastructure projects.

– Lower national sales tax to 15 percent (now 18 percent).

– Provide all Peruvians with clean drinking water.

– Improve public education and increase education budget.

– Improve security through more police and a strong-arm
approach to crime and drug trafficking.

– Eliminate extreme poverty in 10 years.

For full platform see: www.ppk.pe/25-compromisos

ALEJANDRO TOLEDO, FORMER PRESIDENT

Toledo, once a shoe-shine boy from a poor Andean town, led
Peru’s push into free-trade pacts during his 2001-2006 term and
is credited with restoring democratic rule in Peru.

His humble roots and indigenous features endeared him to
Peruvians, but many were disenchanted by his frequent partying
and excessive personal spending during his first term.

Although he was once the election front-runner, poor voters
who want change have abandoned Toledo, 65, for Humala while
many upper-class voters have transferred support to Kuczynski.

– Growth of at least 6 percent per year, and simplified
rules and rationalization for tax exemptions.

– Initiatives to reshape the domestic and external public
debt offered in 2003.

– Convert Peru into a maritime hub by improving logistics
and infrastructure. Double agricultural exports.

– Give land titles to all dwellers in shantytowns.

– Propose civil unions for same-sex couples.

– Possibly tax windfall mining profits.

– Monitor coca cultivation with a national satellite
system.

– Double teacher salaries in five years.

– Give regional governments more discretion and authority.

– Eliminate extreme poverty and reduce the poverty rate to
10 percent from 35 percent.

For complete platform see: www.goo.gl/oQbqz
(Reporting by Marco Aquino, Patricia Velez and Caroline
Stauffer)

FACTBOX-Candidates and platforms in Peru’s election