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Political outlook

14/11/2024

New protests add uncertainty to a government with limited room for action

Yesterday, various social organizations and transport unions resumed protests scheduled for November 13, 14, and 15, related to the increase in insecurity and extortion in the country.

These demonstrations coincide with the Asia-Pacific Economic Cooperation Forum (APEC) Leaders’ Summit, organized by the Peruvian government, which will host 21 economies that represent almost two-thirds of the world’s GDP and half of global trade. Among the most important leaders who will attend are Chinese President Xi Jinping and US President Joe Biden.

The Government’s response to these new protests has been questionable, especially due to the improvised decision to cancel in-person classes in Metropolitan Lima, Callao, and Huaral in the previous days.

If you wish to access the full report, write to us at: contactaSAE@apoyoconsultoria.com

Martín Coronado

Senior analyst

OUR PERSPECTIVE

In 2026, the Peruvian economy will grow by 3.2%, a pace similar to that of 2025, despite electoral risks

In the third quarter of 2025, the economy grew by 2.5%, a slower pace than that observed in the first months of the year.

Government and Congress maintain their alliance as the pension reform stalls and the 2026 election remains fragmented

This month, President Dina Boluarte’s cabinet demonstrated resilience in the face of criticism over leaked audio recordings implicating Ministers Eduardo Arana (PCM) and Juan José Santiváñez (Interior).

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.

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