Peru ETF Volatile After Elections | Page 2 of 2 | ETF Trends

“The two antiestablishment candidates won in April because government policies have not favored the poorest. The past two administrations were caretaker governments, watching only macroeconomic numbers. This is what has led to so much social resentment in the country,” said Hernando de Soto, Peru’s best-known economist and a Fujimori adviser.

Peru’s economy expanded 9% in the first quarter, with 7% growth anticipated for the year.

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