Tax and protectionism: part two of an interview with Ollanta Humala

Mar 1, 2013

In his most extensive interview to date with the foreign press, Peruvian president Ollanta Humala tells LatinFinance his plans for economic reform – and how he hopes to safeguard the fruits of his country’s economic boom.

LF: The confidence that Peru’s economic miracle has inspired is astounding. How will you maintain today’s growth levels? Do you see any risks amid the jubilation?

Humala: Today, we have a stable macroeconomic policy. We have concerned ourselves with consolidating a macroeconomic framework that lets us act domestically in the country to redistribute this economic growth.

We have pointed out that we maintain a state policy of following through on what we sign and we are trying to be state that is predictable. You can know what is going to happen tomorrow.

I compare myself to the driver of a combi (minivan bus). The combi that I inherited was not new and had a series of problems. The route that I have to follow has potholes and sometime the road itself disappears. I am taking 30 million Peruvians along. I do not have the luxury of going too...

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