Macri Set to Win Argentine Presidency, Results Show

  • Macri has 53.5% of votes with 60% of the ballots counted
  • Winner will take office on Dec. 10 for a four-year term

Mauricio Macri speaks with the press after voting on Sunday, Nov. 22, 2015 in Buenos Aires, Argentina.

Photographer: Mario Tama/Getty Images
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Argentina’s opposition candidate Mauricio Macri is set to become Argentina’s next president after vowing to end currency controls and cut export taxes, preliminary results showed.

Macri had 53.5 percent of the votes, while ruling party’s Daniel Scioli had 46.5 percent, according to Argentina’s National Electoral Council. With 60 percent of the ballots counted, there is little chance of Scioli reverting that lead, the council said. About 81 of voters took part in the election that pitted the two-time mayor of Buenos Aires city Macri against Scioli, who has served two-terms as the governor of Buenos Aires province.