Economics
Peru Finance Minister Says President Backs Economic Agenda
- Francke says he’s setting up a meeting with central bank chief
- Peru bonds gain first time in 9-days after Francke confirmed
This article is for subscribers only.
Peru’s Finance Minister Pedro Francke was given assurances from the new government that he’ll be able to implement his economic program, he said in the first interview since securing his new role.
Francke, a former World Bank economist, was sworn in late Friday, a day when markets crashed amid investor concern that he wouldn’t take the post due to differences with other members of the cabinet appointed by President Pedro Castillo. These included Guido Bellido, a lawmaker who considers the communist government of Cuba to be a democracy, as prime minister.