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Political outlook

29/08/2024

Congress 2024-2025: New leadership and recomposition of commissions will modify some legislative dynamics

During the month of August, attention was focused on the dynamics within Congress.

In view of the election of the Board of Directors and the recomposition of the ordinary commissions, numerous movements were recorded in the benches. Among the most significant changes is the marked decrease in the number of non-grouped congressmen, while the centrist party, Podemos Perú, has risen to become the second minority in Congress, on a par with Alianza para el Progreso.

To access the complete report contact us at: contactaSAE@apoyoconsultoria.com

Martín Coronado

Senior analyst

OUR PERSPECTIVE

Changes in the Cabinet have strengthened the alliance with Congress amid a context of growing institutional weakness.

The Government’s main allies, Fuerza Popular and APP, leveraged the crisis triggered by the murder of 13 mine workers in Pataz to strengthen their influence over ministerial appointments.

Economic growth likely remained steady at the beginning of Q2 and is becoming increasingly broad-based, despite the uncertain external environment.

So far this year, the economic recovery appears to have consolidated, with growth becoming more broad-based. Domestic demand has shown solid performance.

The serious deterioration in the conduct of economic policy in the United States would impact Peru's economic growth mainly in 2026.

In the first quarter of the year, economic growth remained solid (3.6%). This was the result of a combination of favorable dynamics for GDP.

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