Peru's leftist government will embrace free market, says new PM

Peru's President Pedro Castillo and Anibal Torres wave after Torres was sworn in as Peru's new prime minister during the presentation of Castillo's fourth cabinet, which still needs to be confirmed by the opposition-controlled Congress, in Lima, Peru, February 8, 2022. Peru Presidency/Handout via REUTERS

LIMA (Reuters) - The latest prime minister picked by Peru's embattled president, Pedro Castillo, pledged to pursue free-market policies in his first public remarks on Wednesday, a day after a new Cabinet was unveiled that aims for stability in the Andean nation.

Speaking at a government news conference, Prime Minister Anibal Torres also emphasized that Castillo's leftist administration will promote a strong government that can prevent monopolies and other concentrations of economic power.