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Among the estimated 200,000 Tory members who are eligible to vote, the 47-year-old has routinely outperformed Mr. Sunak, 42, in polls.
Digital Desk: UK will get its new prime minister on Monday. Liz Truss is the front-runner to succeed Boris Johnson and lead the nation as it struggles with an escalating cost-of-living crisis.
After spending the summer gaining support from the Conservative Party members who cast the decisive vote, foreign minister Truss and her opponent, former finance minister Rishi Sunak, will announce the outcome at 12:30 pm (1130 GMT).
Upon winning, Truss will join Theresa May and Margaret Thatcher as the third female prime minister of the UK.
Among the estimated 200,000 Tory members who are eligible to vote, the 47-year-old has routinely outperformed Mr. Sunak, 42, in polls.
Following a string of scandals and resignations from his cabinet, Johnson announced his resignation in July, sparking the start of the leadership race.
Postal and online voting ended on Friday after eight weeks of campaigning, which Truss told the BBC was "the longest job interview in history."
However, the vote might not accurately represent popular opinion.
52 percent of those surveyed by YouGov in late August believed Truss would make a "poor" or "awful" prime minister.
43 percent of respondents indicated they had "no faith" in her handling of the urgent problem of rising living expenses.
The "worst in-tray"
Regardless of who wins, they will have to deal with "the worst in-tray for a new prime minister since Thatcher," according to The Sunday Times.
With inflation reaching double digits and energy prices skyrocketing as a result of Russia's war in Ukraine, the UK is experiencing its greatest cost of living crisis in centuries.
According to studies, millions of people claim they will have to choose between paying for food and heating this winter because their expenses are expected to increase by 80% from October and even more starting in January.
Truss said to the BBC on Sunday, "If I'm elected prime minister, I will move immediately on bills and on energy supplies." He did not provide further information.
She continued, "I will ensure that there is an announcement on how we are going to handle the situation within one week."
Just when Britain is predicted to experience a recession later this year, Truss ran for office on a platform of lowering taxes and putting economic growth first.
She promised to "get the British economy rolling" and "give a complete plan for how we are going to decrease taxes" on Sunday.
In addition to promising more government assistance for families to pay their energy bills, Mr. Sunak declared that he would put inflation control first and criticised Truss's reckless tax-cutting proposals.
He told the BBC on Sunday that helping people with their energy and living expenses came before anything else he might have liked to do.
"Nothing should be ruled out. We actually have a serious emergency, you know. Anyone who denies that is the case is not being honest with the nation, in my opinion " he said.
Public support for an early general election is evident in polls, and the Conservatives' 12-year hold on office is under increasing pressure.
Truss held a number of ministerial positions in various areas, including education, international trade, and justice, before being appointed foreign minister a year ago.
She joined the center-left Liberal Democrats when she was a teenager before joining the right-wing Conservatives.
She started a campaign in 2016 to keep the UK in the EU but rapidly changed sides after the majority of Britons voted to leave.
She has been compared to Tory idol Thatcher because of her fashion style and fondness of photo ops, which included posing in a tank in Estonia and donning a fur hat in Moscow.
Her sometimes stiff style has become visibly more relaxed and allies have sought to soften her image, revealing her love of karaoke and socialising.
Scottish ceremony
A series of activities begin when Conservative Party officials reveal on Monday who will assume the position of leader.
Tuesday will see Boris Johnson's final speech at Downing Street.
The Queen will then officially accept his resignation before appointing his successor in a formal "kissing of hands" ceremony.
The 96-year-old monarch will choose the prime minister for the first time during her reign away from Buckingham Palace in London and her Scottish getaway, Balmoral.
This occurs at a time when the queen has mobility issues and needs to postpone a few public appearances.
The next prime minister will be the 15th since the queen ascended to the throne.
Inputs: NDTV
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