December 6, 2021
Lima (Reuters) -Political crisis in Peruvian brewing-again.
The country’s left-wing president, Pedro Castillo, could face a vote this week in a fragmented and infamous whimsical parliament over whether to launch an impeachment proceeding that could take power over his administration in just a few months. I have.
A former teacher who won a few elections earlier this year is working on fire in every way. His socialist parties have gained support because he thinks he is too moderate, right-wing parties are pushing impeachment, and mining protests are making noise in the copper sector. The prosecutor is investigating the graft by his aides.
Uncertainty has helped the world’s No. 2 copper producers overcome political instability since 2017, although they have attracted investment with strong economic growth in recent years.
Alonso Segura, a former Minister of Economy from 2014 to 2016 under the central left government of Ollanta Humala, told Reuters that “this is a chaotic government that does not know how to manage things. Yes, I will not dispel doubts about where it is heading. ” ..
“Therefore, this creates moderate and high risk that limits investment decisions.”
Inaugurated in July, supported by an angry Peruvian who wants to change, Castillo calmed the market and investors early in his term with a modest choice for his cabinet. It led to a rift with his Marxist party.
Since then, ministers have come and gone, but the threat of nationalizing gas and closing some mines has become popular with voters and investors, often with a sharp U-turn shortly afterwards. Has hurt the Sol currency and Peruvian sovereign debt ratings.
Opponents are now impeaching Castillo for “moral incompetence” and favoritism. He claims to have strongly refused. He accuses right-wing parties and “economic interest groups” of wanting him to be absent.
“The purpose of these groups is to resign as president without any assistance and with absolute irresponsibility for the consequences of these undemocratic acts on our country,” Castillo said last week. Said in the speech.
Approval evaluation drop
Nevertheless, there are various problems.
According to a Peruvian Institute (IEP) survey released in late November, Castillo’s approval rate dropped from 35% in October to 25%. Most Peruvians do not believe that he will end his five-year term.
His opponents must collect 52 votes from 130 members in a divided parliament to initiate the impeachment process. You will need 87 votes to remove him in the final vote at a later date.
The three right-wing parties promoting the motion have won 43 votes, but recently, lawmakers from other blocks have said they support the start of the process. His own Free Peruvian Party does not rule out support for the movement.
Castillo would not be the first Peruvian president to be expelled from power.
The Andean country has five presidents since 2016. In 2018 Pedro Pablo Kinski resigned minutes before the impeachment vote, but Martin Vizcara succeeded in impeaching for the second time last year.
“We have an incompetent president and it’s not as purposeful as we should go to Congress so he can answer his claim,” said the opposition, who doesn’t necessarily drive him out, but wants Castillo to stand. Carlos Anderson of Podemos Peru said.
“But there is no clear evidence of moral incompetence for impeachment.”
Eduardo Dargent, a political scientist and professor at the Catholic University of Peru, said Castillo made a “bad decision” in a “patched” cabinet, sent an unclear message and set high expectations for him. He said he couldn’t respond.
But he added that the impeachment process is being normalized, threatening the stability of the country.
“We are creating a political arena where impeachment is the way to do politics, which the Constitution did not design even in remote areas,” he said.
Castillo Decline Support https://tmsnrt.rs/3omYyuc
Castillo Decline Support (Interactive Version) https://tmsnrt.rs/3rveLzi
(Report by Marco Aquino, edited by Adam Jordan and Rosalba O’Brien)
Analysis: Peru’s Castillo plays a critical Whac-A-Mole as the impeachment threat looms.
Source link Analysis: Peru’s Castillo plays a critical Whac-A-Mole as the impeachment threat looms.