LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

June 13, 2022

What Does Ongoing Instability Mean for Peru’s Government?

Peruvian Prime Minister Aníbal Torres (pictured) announced his resignation last week, but President Pedro Castillo refused to accept it. At the same time, Castillo put a new official in charge of the finance ministry. // File Photo: Peruvian Government.

Q

A

Mercedes Aráoz, senior professor of finance at Universidad del Pacífico and former vice president of Peru: “Aníbal Torres, in a strict sense, did not resign, but rather made his position available to President Castillo. Apparently, this decision was put forward to the public in order to distract from the criminal investigations Castillo is facing. After four days without getting anyone willing to take the position, Castillo refused to accept the resignation and put more loyal people into his cabinet. Castillo is surrounding himself with people who can denounce the investigations. The testimonies of his former secretary and others are making him more aggressive against the opposition and the press. His lawyers are attacking the new prosecutor of the nation, saying she is corrupt and acting in favor of the opposition and other obscure forces. One close advisor to the president…”

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