Weekly Report - 08 April 2021 (WR-21-14)

PERU: Six steps into the unknown

Peru’s five-year presidential and congressional term of office, which is set to conclude in four months’ time on 28 July, will probably be remembered as one of the most disastrous in the country’s recent history, marked by deeply embedded corruption, acute political instability, and, in the last year, a mismanaged coronavirus (Covid-19) pandemic which has led to the deaths of 53,000 people, representing one of the world’s highest per capita mortality rates. The economy contracted by 11.1% last year. Will the elections due on 11 April open the door to a more stable future? The case for optimism is not an easy one.

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