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Political outlook

21/06/2022

The honeymoon period ends, but the government remains relatively stable

Six months into the administration, signs of an impending deterioration in the relationship between the Executive and Congress are starting to surface. Although it is unlikely that Dina Boluarte’s stability in office will be impacted, as there is a prevailing incentive for continuity in both branches of government, the end of the initial honeymoon period is approaching. A faction of the parties initially aligned with the government coalition seems to be choosing to distance themselves from a government that is becoming increasingly delegitimized. 

During a recent interview, Keiko Fujimori, leader of the Fuerza Popular party, strongly criticized the government and suggested that the president should make changes in the ministries of Energy and Mines, Interior, Agrarian Development, and Health. It is anticipated that Fuerza Popular will continue to distance itself from the government and openly position itself as the opposition in the future. Similar sentiments have been expressed by Congressman José Cueto of Renovacion Popular. Reflecting this sentiment, Congress has approved motions for interpellation of the ministers of Energy and Mines, Justice, and Health (the Health Minister resigned on June 15th after the motion against her was approved). President Boluarte is expected to announce cabinet modifications during the State of the Nation address on July 28th.

To access the complete report contact us at: contactaSAE@apoyoconsultoria.com

María Alejandra Gutierrez

Senior analyst

OUR PERSPECTIVE

3Q2024 starts with clearer signs of recovery in private domestic demand

During the 2Q2024, economic growth was driven by the rebound of primary sectors, such as traditional agriculture and fishing, and by higher public spending, supported by an estimated increase of 11% in public wages and 16% in public investment, adjusting for inflation.

Congress 2024-2025: New leadership and recomposition of commissions will modify some legislative dynamics

During the month of August, attention was focused on the dynamics within Congress. In view of the election of the Board of Directors and the recomposition of the ordinary commissions, numerous movements were recorded in the benches.

President Boluarte highlights infrastructure and mining in July 28 speech, but implementation of some initiatives raises concerns

Although the implicit alliance between the Executive and the Legislative remains in force, in recent months we have seen a progressive weakening of the Executive.

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