05-2021 Latin American Economy & Business
Economy & Business Report
Brazil’s budget deal is made for breaking
Peru’s president-elect Pedro Pablo Kuczynski, who takes office on 28 July, has announced his ministerial team. Kuczynski has maintained a studied silence about his cabinet since narrowly winning the second round of presidential elections against Keiko Fujimori on 5 June. When he finally revealed his cabinet it contained an impressive collection of experts with ample experience in economics and business. There are, however, very few politicians in the line-up, and this could pose a problem. While Kuczynski now has his team in place, the nature of the political deal that needs to be done in congress that will enable it to do its work is unclear.
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