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CADE Closes With Security Fears, Cautious Investment Plans and a Crowded 2026 Ballot

Executives now rank crime as the top issue heading into the 2026 vote.

Overview

  • An Ipsos survey presented at CADE finds 89% of business leaders believe the fight against crime has regressed this quinquennium, with only 3% approving Congress and 96% approving the central bank.
  • Despite political uncertainty, 58% of firms plan to keep investment plans unchanged, and executives see effective security policy as the single most impactful lever to revive private investment.
  • The Economy and Finance Ministry reports S/44,085 million in public investment executed from January to October, a decade high equal to 62.9% of the annual plan, alongside a proposed 2026 budget of S/257,562 million with a 1.8% fiscal deficit target.
  • Presidential hopeful Rafael López Aliaga outlined a state‑shrink plan with KPIs, expanded Obras por Impuestos and RDPI financing, and said he would file a CIADI claim of at least US$3 billion against Brookfield and seek seizure of remaining Odebrecht assets.
  • Alfonso López Chau urged corporate civic engagement, publicly rebuking business silence over protest‑related deaths, as CADE participants also warned that a 39‑group electoral ballot poses practical voting and information challenges for April 2026.