QUITO (Reuters) - Conservative banker Guillermo Lasso will advance to the second round of Ecuador's presidential election after coming in second place in a Feb. 7 vote, the country's electoral authority said on Sunday, while the third-place finisher alleged fraud.
The national electoral council (CNE) said Lasso, a proponent of pro-market economic policies, obtained 19.74% of the vote and will advance to a runoff against leftist economist Andres Arauz on April 11. Arauz, an ally of former President Rafael Correa, won the most votes in the first round with 32.72%, shy of the margin required to win outright.