Candidates remove nasties


Both candidates in the second round presidential runoff scheduled for 5th June have started to revise their policies to make them more palatable to a wider electorate.

Ollanta Humala, the left wing candidate whose victory in the first round has unnerved financial markets has started to soften his rhetoric and bring moderates onto his team. On Monday (18th April 2011) he said that he would not replace Peru’s $30 billion pension funds (AFPs), currently in private hands with a government run system.

Humala has also started to populate his advisory panel with moderate ‘technocrats’ including two respected local economists. One of his key spokespersons has said that Humala wants economic stability, but then qualified this by saying that the state’s take on mining at 15% was not enough and more was needed for education and healthcare.

The other contender, Keiko Fujimori, the daughter of ex President Alberto Fujimori has sought to distance herself from her father. Alberto Fujimori is currently serving a 25 year prison sentence for corruption and human rights crimes. Keiko has said that she will not pardon her father.

As the phoney war continues before the next round of campaigning intensifies it is likely that both candidates will seek to rewrite their policy documents to widen their appeal across the Peruvian electorate.

Tagged with:

More detailed briefing on the politics and risk of doing business in this country is available to clients and subscribers. If you would like to know more then please contact