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April 11, 2022
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Pedro Castillo LIVE: food VAT reduction would be approved this Tuesday

Pedro Castillo LIVE: food VAT reduction would be approved this Tuesday

Pedro Castillo Terrones assumed the presidency of Peru on July 28, 2021. With less than a year of government, the head of state has already faced two vacancy attempts promoted by the Congress of the republic; however, the first did not go to debate and the second was discussed before the Plenary and obtained only 55 of the 87 votes needed to vacate a president.

As a consequence of strike of carriers, the president ordered a total immobilization for Lima and Callao last Tuesday, April 5, which caused violent marches in the historic center leaving several police officers injured and damage to public and private property. So far, it has been possible to identify 12 people who were arrested during the attack on the headquarters of the Superior Court of Lima, the National Elections Jury, and the Public Ministry.

For its part, the dollar closed at S/3.7120 on the day of April 10, according to a report from the Central Reserve Bank of Peru (BCRP). On the other hand, the head of the Council of Ministers, Hannibal Torres announced that, within the framework of the social market economy, the Executive will present to Parliament a legislative initiative so that the Constitution prohibits monopolies, oligopolies and other dominant positions that may impact product prices.

*ADD CHRONOS LIVE

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