Nearly six months into the change of government, the probability of president Boluarte completing her presidential term increases despite underlying risks. While initially the scenario of early elections in 2023 seemed more likely (calling for early elections in December 2022, was approved in the first round) Congress, has lost it’s incentive to continue with the process. In fact, as of January 2023, Congress has rejected the initial proposal and failed to reach a consensus on more than the seven presented proposals. The sustained decline in social conflict has contributed to the issue losing priority in the legislative debate.
For now, the possibility of an advancement materializing by the end of this year or early 2024 is becoming increasingly remote.
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Senior analyst
The economy maintained a solid growth pace in Q1 2025, around 3.8%, slightly above expectations. Primary sectors, such as agro-exports and fishing, continued to rebound, although they were still affected by weather conditions in Q1 2024.
This month, the political agenda has once again focused on citizen insecurity. The death of a singer from a well-known musical group, allegedly at the hands of extortionists, sparked renewed criticism of the Minister of the Interior, who was censured by Congress, which in turn triggered new protests.
Despite growing criticism, President Dina Boluarte remains reluctant to remove him from office, as Santivañez plays a key role in her efforts to obstruct investigations against her and her inner circle, including her brother Nicanor Boluarte.
