Free Trial

Budget Debate Scheduled, Castillo Facing Third Impeachment Attempt

PERU
  • Peru’s congress is expected to debate the 2023 budget today. Over the weekend, Peru’s new Prime Minister Betssy Chavez said she will fight plans of the opposition-held congress to tap emergency funds for the 2023 budget, talking in an interview with TV Peru.
    • “The worry of the finance minister, which the whole cabinet shares, is that the congress has decided to touch contingency funds as a source of financing,” an unprecedented move, she said
  • Separately, President Pedro Castillo is facing a third impeachment proceeding after a request backed by 67 lawmakers filed Tuesday set the stage for the latest clash between his left-wing government and the opposition-led legislature.

To read the full story

Close

Why MNI

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.