LIMA: Peru's new Prime Minister Guido Bellido said that the state plans to participate in key industries, including natural gas and new hydroelectric projects, under a new leftist administration.
LIMA (Reuters) - Peru's new Prime Minister Guido Bellido told Reuters on Saturday that the state plans to participate in key industries, including natural gas and new hydroelectric projects, under a new leftist administration.
LIMA (Reuters) -Peruvian President Pedro Castillo on Thursday named Guido Bellido, a member of his Marxist party, as prime minister, a move likely to further spook investors wary of a new leftist government that will also face resistance in Congress.
LIMA (Reuters) - Peru's leftist President Pedro Castillo is mulling a cabinet reshuffle, a source told Reuters on Tuesday, less than a month after taking office and as he faces a critical confirmation vote later in the week by the opposition-led Congress.
LIMA (Reuters) -Peru's opposition-led Congress pushed back a confirmation vote on the country's new Cabinet until next Thursday, in order to mourn the death of a lawmaker who suddenly died on Monday.
LIMA (Reuters) -Peru's President Pedro Castillo swore in Mirtha Vasquez, a left-wing former head of Congress, as prime minister on Wednesday, replacing her predecessor who resigned after two months in the job, as the administration grapples with political instability.
LIMA (Reuters) - Peru's Congress on Thursday pushed back to Friday a key vote to confirm or reject a new leftist Cabinet nominated by President Pedro Castillo, extending the uncertainty in a country where conflicts between the executive and legislature loom large.
LIMA: Peru’s Finance Minister Pedro Francke (pic) wants to retain the central bank president after the two men spoke, and said he’s been given room by the new government to implement his economic policies.
LIMA (Reuters) -Peru's newly appointed hard-left prime minister sought to soothe worried markets on Friday after President Pedro Castillo named members of his Marxist Free Peru party to key cabinet posts, sending both bond markets and the country's currency tumbling.
LIMA (Reuters) - Peru's Congress will vote on a new cabinet from Monday, it said on Wednesday, a move that Peruvians and investors hope will calm long-running political tensions if the cabinet is confirmed.
LIMA (Reuters) -Peru's Congress on Friday confirmed a new leftist Cabinet nominated by President Pedro Castillo, allowing the fledging administration to continue an agenda focused on higher social spending coupled with higher taxes for the mining industry.
LIMA (Reuters) -Peru's finance minister, Pedro Francke, told Reuters on Monday that the new leftist government can increase mining taxes to fund public spending without affecting private-sector competitiveness, all while reducing the fiscal deficit.
LIMA (Reuters) - Peruvian left-wing President Pedro Castillo swore in a new interior minister in charge of public safety on Thursday, as he awaits a key vote in Congress on whether to confirm a new Cabinet, his second in three months in office.