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Recep Tayyip Erdogan has won the country's key presidential vote, electoral officials have said, in a result that will allow him to keep his seat with increased powers and become Turkey's first executive president.

With 97.7 percent of ballots counted, Erdogan received on Sunday more than half the votes required to secure an outright victory, Sadi Guven, the head of the Supreme Election Committee (YSK), told reporters in the capital, Ankara.