Free Trial

Anger Remains As Early Election Proposals Shelved

  • A congressional commission took up President Boluarte’s bill to bring elections forward to 2023 on Friday afternoon but shelved it on a technicality before it even reached debate. It cannot now be taken up again until July, when a new legislative year starts.
    • The fresh legislative setback followed the failure of two other bills over the past week that would have advanced elections currently slated for April 2024 into 2023 — a key demand of protesters who have been in the streets since early December.
    • Reuters spoke to dozens of protesters across multiple blockades in southern Peru on Monday, some occupied by a handful of protesters while others had dozens, who see no solution besides continued protests after Congress' repeated failure to bring elections forward to 2023.
  • To recap from yesterday, Peru declared a 60-day state of emergency across seven regions of the country amid incessant protests demanding the resignation of the, according to a decree published in the national gazette over the weekend.
    • Regions under the state of emergency are Madre de Dios, Cusco, Puno, Apurímac, Arequipa, Moquegua and Tacna. Decree also declares the “mandatory social immobilization” from 8:00 pm to 4:00 am local time for 10 days in Puno.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.