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Political outlook


Executive and Congress are holding their own amid the decrease in protests and the deadlock in the debate on early elections

During February, there was a decrease in the number of protests at the national level, as well as a focus on demonstrations in the south of the country, particularly in Puno. Despite the tense calm, new outbreaks of conflict are not ruled out in the coming months, due to latent citizen discontent and the lack of initiatives to solve the political crisis.

At this juncture, Congress does not seem to be in tune with citizens’ demands and failed to reach consensus on the call for early elections in the last legislative session.If the debate is resumed, Congress will have to approve the measure in the next two sessions (March to July and August to December 2023).

While the Executive remains stable and Congress seems to have no incentive to approve the call for early election, the likelihood of further protests and demonstrations remains. This is due to high levels of disapproval of both branches of government and the possibility of a new crisis.

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María Alejandra Gutierrez

Senior analyst


A rough start of the year due to a wave of social unrest​

Over the course of this year, the bussiness environment has undergone three notable changes that are shaping its trajectory.

Cerca del 80% de empresas sufrió impacto moderado o alto debido a protestas

Enero estuvo marcado por la intensificación de la violencia a nivel nacional, especialmente en el sur del país. La diversidad de actores y de intereses ha dificultado que el Gobierno logre identificar interlocutores válidos para entablar el diálogo; además, en el Congreso no se han alcanzado consensos para aprobar el adelanto de elecciones y con ello establecer una salida a la crisis política.

Dina Boluarte leads interim government amid protests and wave of violence

January was marked by social upheaval and intensification of violence at a national level, especially in the south of the country. Thediversity of actors has hindered the government from identifying valid spokespersons to enter into conversation and negotiate with and, to date, havenotmanaged to calm down the exacerbated state of affairs.

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