Peru appoints new finance minister

Peru appoints new finance minister

People Corporate & Sovereign Strategy Peru Economy & Policy

Peru President Pedro Pablo Kuczynski has named Prime Minister Fernando Zavala as new Finance Minister, expanding his role to include managing the country’s economy.Zavala replaces former Finance Minister Alfredo Thorne, who resigned last week after losing a vote of confidence in Congress. One of Kuczynski’s closest aides, Thorne faced the vote following the release of an audio recording in which he appears to urge a government comptroller to back changes to a controversial $525m airport contract

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