The economist Gabriel Ortiz de Zevallos spoke about the election of José María Balcázar as the replacement of José Jerí to assume command of the country and considered that this situation “will have implications in terms of immediate economic instability.”
“It is a situation of great irresponsibility for Congress to not look for an alternative that would be more predictable. We are in a situation of permanent instability and this will have implications in terms of immediate economic instability and in turn can impact the electoral results. It is a very worrying sign,” said Ortiz de Zevallos on Perú21 TV.
Regarding a recent post published by the fugitive Vladimir Cerrón, owner of the Perú Libre party that brought Balcázar to Congress, in which he again mentions the constitutional reform, Ortiz de Zevallos recognizes that the new president does not have the votes but he is still a “risk.”
“You cannot do it because it would require votes… A constitutional reform is something that passes through Congress and requires 87 votes. There are not that many votes for that proposal, but it clearly does generate a level of political instability and general perception of risk. Yes, obviously there are a series of risks that are going to materialize. Not the greatest concern but an important concern,” he said.
“I wouldn’t expect much, unfortunately I don’t think you can believe [en él] because people have the credibility that they have earned over time and that is not the case with Mr. Balcazar. He has very serious accusations and also belongs to a political group that is not democratic. So, whatever he says, the problem is who believes him and how much political instability it brings, how much noise and real concern it generates in the upcoming elections and in the months to come,” he added.
As is known, José María Balcázar won with 64 votes over his colleague, María del Carmen Alva, who only got 46 votes.
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