Weekly Report - 10 November 2016 (WR-16-44)

PERU: Protesters condemn central bank politicisation

Deputies from the left-wing Frente Amplio (FA) joined university students and trade unionists in marching through the historical centre of Lima on 8 November to protest against the decision by congress to appoint three new members of the central bank (BCRP) board of directors renowned less for their technical abilities than their affiliation with the right-wing Fuerza Popular (FP). FP used its congressional majority to make the three political appointments. Reluctant to antagonise FP over an issue it ultimately has no power to oppose, the government led by President Pedro Pablo Kuczynski offered mealy-mouthed criticism, leading to accusations that it was complicit.

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