Particle.news

Download on the App Store

Peru’s New President Jerí Puts Security First as Markets Hold Steady

Investors largely shrugged off the ouster, with attention fixed on cabinet signals, particularly the choice of finance minister.

Overview

  • Congress removed Dina Boluarte for “permanent moral incapacity,” and congressional leader José Jerí, 38, was sworn in to serve through the 2026 election cycle.
  • In his first act in office, Jerí convened top Armed Forces and National Police commanders to coordinate an intensified response to rising crime.
  • Lawmakers urged a reconciliation-focused first cabinet, with calls to engage southern regions, transport unions and Generation Z to ease social tensions.
  • Criticism of Congress’s choice persisted, as APP leader César Acuña said legislators must own the decision to back Jerí despite ongoing allegations and investigations.
  • Financial reaction was muted on Friday—dollar bonds were little changed and the sol slipped about 0.2%—while analysts said short-term volatility hinges on cabinet picks, especially the economy post.