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Presidential Inauguration Unlikely To Provide Political Stability

PERU
  • With Pedro Castillo's Presidential inauguration scheduled for tomorrow, political uncertainty remains elevated with no confirmed cabinet picks as of yet.
  • Local commentators have highlighted party heads attacking Castillo's economic advisor, yesterday's congressional leadership victory for the opposition and members of his own party already publicly protesting him, all contributing to an uneasy backdrop.
  • The last point refers to footage of members of Peru Libre marching in front of the President-Elect's house last night to demand he considers naming more of the party's "professionals" to government posts.
  • Of note, local holiday will be observed on Thursday, July 29for Independence Day.

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