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Political outlook

04/05/2024

President Boluarte opens new legal and political avenues, although her support in Congress remains solid

In the month of May, the Attorney General, Juan Carlos Villena, filed a constitutional complaint against President Dina Boluarte, for the alleged crime of improper passive bribery to the detriment of the State.According to the fiscal thesis, Boluarte would have received three Rolexes, gold earrings and a bracelet, in exchange for issuing a series of decrees that benefited the regional government of Ayacucho, through an increase in budget items.

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Martín Coronado

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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