Peru's new technocratic President is merely a stop-gap relief

  • New President Sagasti hails from the centrist Purple Party (7% of Congress) and has worked in academia, World Bank, UN
  • His centrist and technocratic credentials are a salve (eg 1.8% upward move in FX rate) but he is merely a stop-gap
  • Elections in April 2021 (another fractious Congress likely), anti-corruption campaign unfinished, protest genie is out

President Sagasti is from technocratic, centrist Purple Party

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