Peru’s Finance Minister wants to retain central bank chief


Pedro Francke, economy spokesperson of Peruvian left-wing presidential candidate for the Peru Libre party, Pedro Castillo, speaks with AFP during an interview at his home in Lima on June 11, 2021. (Photo by ERNESTO BENAVIDES / AFP)

LIMA: Peru’s Finance Minister Pedro Francke (pic) wants to retain the central bank president after the two men spoke, and said he’s been given room by the new government to implement his economic policies.

Francke, a former World Bank economist, was sworn in late Friday night amid earlier investor concern that he wouldn’t take the post following cabinet appointments by president Pedro Castillo, including naming Guido Bellido, a lawmaker who considers the communist government of Cuba to be a democracy, as prime minister.

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