(Photo: ZistaZ News)

With 92 per cent of votes counted, Mr. Bolsonaro had received 47 per cent of valid votes, far ahead of former Sao Paulo mayor and leftist rival Fernando Haddad's 28 per cent, Superior Electoral Court (TSE) reported.

Mr. Bolsonaro, 63, will face Mr. Fernando Haddad, in the second round on October 28th.

"This was a great victory, considering we had no television time, a party that is still very small with no campaign money, and I was in hospital for 30 days," he said.

In his first public remarks, Bolsonaro pledged to slash the size of the state, reduce the cabinet to 15 ministries, cut payroll taxes and privatise or shut many state companies if elected.

In the elections, in addition to electing a new President and Vice President, over 147 million voters will also choose 27 new Governors and Vice-Governors, 54 Senators, 513 Federal and 1,059 State representatives./.

Compiled by BTA