Exit polls in Argentina inform that Daniel Scioli, the ruling party candidate backed by President Cristina Fernández de Kirchner, will be the new leader of the Latin American country.

As Reuters reports, although it is still not clear if the candidate received enough votes to avoid a run-off election in November, Scioli has won "by a large margin."

Scioli, who is generally perceived to be concerned with continuing the social policies known as "Kirchnerism," enjoys support from many of Argentina’s poor and working class voters.

Speaking with The Economist, Scioli, who is the governor of Buenos Aires province, talked with optimism about his nation's current state, saying “The country is already stable. No shock or comprehensive economic package is needed,” adding, “What people see in me is a calm, trustworthy person who can successfully carry out an agenda of integration and foment production.”

The 58-year-old left-leaning politician said that what his nation needed was more work in the energy and agricultural sectors, along with a greater push in science, technology, tourism, and the sustainable mining industry. “We want normality,” he said.

Regarding his plans, the Argentine leader said his decisions would be focused on generating growth, and that his ideas would be “reasonable, gradual, inspire investment and create a very good business environment.”

Sunday’s elections come at a time when Argentina is economically in a vulnerable place. The rate of inflation is estimated to be at 25 percent.

A Bloomberg article points out that whoever wins the presidency will inherit a frightening economic outlook, and that it is vital that the next administration announces major changes in economic policy soon.

According to Scioli, the way for his nation to seek economic efficiency is to streamline state companies and to make certain that subsidies are only being granted to those who truly need them.