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Fitch Downgrades Rating Outlook To Negative

  • Peru’s credit rating outlook was cut to negative from stable at Fitch Ratings, as constant political turmoil undermines policy implementation, threatening investment and fiscal stability.
  • The Fuerza Popular opposition party, including party leader and lawmaker Patricia Juarez, urged lawmakers to sign the motion to oust President Pedro Castillo due to moral incapacity, according to images broadcast on Canal N.
    • The motion has 55 lawmaker signatures, according to opposition website, which tracks the numbers.

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