Peru is involved in a new political crisis. Once again, the president of that Latin American country, in this case Pedro Castillo, is on the verge of falling.
This Thursday night, April 7, is a non-binding motion, Congress “invited” him to leave his post just eight months after taking office.
All in the middle of a series of social protests in which at least five people died.
Merely symbolic, the resolution was voted on a week after the right-wing opposition in Congress failed to impeach Castillo from office. He got just 55 votes out of the 87 he needed.
In this scenario, the request of the political analyst Jose Ruidías Rojaswho after the failed political trial attempt, published this Friday, April 8, an extensive list of arguments for which Castillo should resign.
One of those causes: the impact on the “Peru brand”.
The “country brand” of Peru is at stake
The specialist says that in the short term the demonstrations against the president they are affecting the “reputation of the country”, which will lead to a drop in tourism.
According to Ruidías Rojas, “it is a sector that was being reactivated” but that “recent events are alienating tourism agencies and tourists themselves.”
The analyst claims that the impact on the “country brand” will also prevent foreign investment from arriving and, with it, exports will fall.
“Companies will not want to invest in a country where uncertainty is a constant. Not knowing what will happen to politics and, therefore, to the economy discourages big businessmen, ”he says in the text.
With the clear intention that Castillo resign, Ruidías Rojas says that the only solution to save the “country brand” is “a call for general elections”, which could generate “a renewal in consumer confidence.”
The analyst gives as an example what happened just a year and a half ago, when in November 2020 former provisional president Manuel Merino was dismissed and Francisco Sagasti took office. “In one way or another, there was a calm in the people and confidence in the state returned.”
Protests from the educational sector in Peru demand that President Pedro Castillo keep his promises.https://t.co/stmuL0QIxJ
— CNN in Spanish (@CNNEE) April 8, 2022
What happens in Peru
It all started at the end of March with a strike by carriers due to the rise in the price of gasoline, which was later joined by other unions, such as farmers.
Motions for “presidential vacancy” are already common in Peru. They caused the departure of presidents Pedro Pablo Kuczynski (from the right) in 2018 and Martín Vizcarra (from the center) in 2020. Since December 2017, Congress has debated six initiatives of this type.
The clashes between the Legislative and Executive began in 2016 and led Peru to have three presidents in five days, in November 2020.
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