Peru's Fujimori would hike corporate taxes, widen fiscal gap, adviser says

Peruvian presidential candidate Keiko Fujimori (R), next to economist Elmer Cuba (C) and Congressman Joaquin Ramirez, talks to the press during a visit to San Juan de Lurigancho in Lima, Peru, May 4, 2016. REUTERS/Mariana Bazo/File Photo

LIMA (Reuters) - The economist widely expected to be Peruvian presidential frontrunner Keiko Fujimori's pick for finance minister said higher corporate taxes and a bigger budget deficit would be part of an initial raft of reforms if she wins Sunday's election.

Elmer Cuba, whom Fujimori tapped as her chief economic adviser this month, said President Ollanta Humala's bid to shore up slumping private investments in the world's third biggest copper supplier by cutting the corporate tax rate during a sharp slowdown in 2014 had failed.