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Peru’s President Boluarte Doubles Salary to $10,000 Despite Record-Low Approval

Government officials argue the raise brings her pay in line with other Latin American leaders

La présidente du Pérou, Dina Boluarte, au forum de la Coopération économique Asie-Pacifique (APEC) à Lima, le 16 novembre 2024
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Overview

  • A decree published July 2–3 increases Boluarte’s monthly pay by 125%, reversing a May 26 statement that no raise was planned
  • Economy Minister Raúl Pérez-Reyes said the new salary reflects a comparison with presidential remunerations in twelve Latin American countries
  • Boluarte’s approval rating has sunk to about 2%, and critics say the timing undermines her credibility amid widespread dissatisfaction
  • Ongoing inquiries into illicit enrichment, the Rolexgate watch scandal and a secret rhinoplasty have already eroded her legitimacy
  • Prime Minister Eduardo Arana defended the decision by noting that judges and other high officials earn substantially more and accused opponents of demagogy