Peru's economy grew 5.5 percent annually from 2002-2022 despite eight presidents in ten years, but June elections between conservative Keiko Fujimori and leftist Roberto Sánchez may finally break the balance between political instability and economic resilience.
Peru's election overlooks illegal mining despite its growing environmental crisis.
Peru's interim president Balcázar faced ministerial resignations after defense and foreign affairs ministers accused him of falsely denying he signed a 3.5 billion dollar F-16 fighter jet contract with Lockheed Martin, amid escalating tensions over military modernization priorities.
Leftist candidate Roberto Sánchez, narrowly leading Peru's presidential race, proposes reforming mining rules for the world's third-largest copper producer by increasing taxes, renegotiating contracts with major firms, and phasing out open-pit mining to address environmental concerns.