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