Fujimori Is Victor in Peru, Unofficial Returns Show : Elections: President uses success against inflation and terrorism to apparently gain majority and avoid runoff.

President Alberto Fujimori, harvesting the fruit of his anti-inflation and anti-terrorist successes, won reelection Sunday by an overwhelming margin over former U.N. Secretary General Javier Perez de Cuellar, according to unofficial returns.

The independent poll-watching organization Transparencia and the Apoyo and CPI polling firms, projecting from their own nationwide sampling of votes, gave Fujimori 64%. Perez de Cuellar finished far ahead of 12 other candidates with 21% to 23%, according to the three projections.

Perez de Cuellar conceded defeat shortly before midnight, reading a prepared statement that said: “We recognize that the people have decided to reward the defeat of terrorism and hyper-inflation.”

With an absolute majority of valid votes, Fujimori wins a second five-year term outright; otherwise, he would have faced Perez de Cuellar in a runoff.

“The people of Peru, in reelecting Alberto Fujimori, I believe have elected the path of order, discipline and progress,” the president said in a news conference Sunday night. In an earlier television interview, he said his next five years in power will bring no drastic policy changes but will emphasize social programs for the country’s poor majority.

Fujimori expressed hope for cooperation with opposition parties on legislative proposals, but their help may not be crucial: According to projections by Apoyo, his Change 90-New Majority alliance won 65 seats in the new 120-member Congress. Perez de Cuellar’s fledgling Union for Peru took 19, while 11 other parties or groupings won between one and seven seats each, according to Apoyo’s projection.

A vote-fraud scandal had added to uncertainty over the elections’ outcome and validity. Authorities seized 3,000 vote tally sheets, 500 of which had already been falsified, last week in the city of Huanuco, 150 miles northeast of Lima.

Perez de Cuellar and other opposition candidates said the sheets, stolen from the National Election Jury, were part of a vote-rigging scheme on behalf of Fujimori and his party. But the election jury and other authorities said that no evidence implicated the party.

Nine presidential candidates, including Perez de Cuellar, demanded late Saturday that the election jury suspend the balloting.

But the jury said the fraud attempt “will have absolutely no effect on the election results.” In a concession to opposition parties, it said that their representatives would be given diskettes containing official electoral rolls and would be permitted to accompany the delivery of official tally sheets from voting places to provincial centers where vote counts are compiled.

Fujimori, the son of Japanese immigrants, had been a professor and president of Peru’s largest agricultural university when he entered the race for president in 1989. He defeated a much more famous political neophyte, novelist Mario Vargas Llosa, in a runoff in 1990.

In this year’s campaign, Fujimori took credit for slashing inflation from 7,650% in 1990 to 15% in 1994, for stimulating rapid economic growth and for dominating the Sendero Luminoso (Shining Path) guerrilla movement. With military support, Fujimori shut down the Congress in 1992, accusing the opposition of obstructing his economic and anti-terrorist programs.

Perez de Cuellar and other opposition candidates for Sunday’s elections accused Fujimori of abusing power and ruling as a dictator.