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Weekly Report - 14 June 2018 (WR-18-23)

PERU: Going gets tough for Vizcarra

Peru’s President Martín Vizcarra may have hoped that his decision to replace his economy & finance minister over his unpopular move to increase excise tax rates [WR-18-21] would earn his government more public support and provide it with some breathing space. But the political situation in Peru has deteriorated further since then, with growing confrontation among the parties in the national congress and public dissatisfaction with the government and the political class in general. The Vizcarra administration is not directly responsible for all of these problems but it is nonetheless being crippled by them.

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