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Weekly Report - 16 February 2017 (WR-17-06)

PERU: Kuczynski seeks to regain initiative

After a tumultuous week in which nerves appeared to fray at the very top of the administration led by President Pedro Pablo Kuczynski, the mood in Lima has calmed somewhat. After some delay, the government has finally shaken off its torpor to announce concrete actions to limit the fallout – economic and political – from the crisis surrounding the paying of bribes by the Brazilian construction firm Odebrecht. Restoring confidence is critical. For now, the main opposition Fuerza Popular (FP, Fujimoristas) is supportive of these efforts, but that could change at any moment.

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