Legacy and regret: part three 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: What has been your greatest achievement in office to date?

Humala: In 18 months, I do not yet have a finished painting. This is like an oil painting that will be done in 2016. I am still putting the outlines on the canvass to start filling in details.

Over the past 18 months, we have embarked on a number of reforms: tax reform; civil service reform - very important for the transformation the country's public administration; military and police reform; education reform; reform of illegal/informal mining and we are monitoring this to formalize it, because it is important to our economy.

We have increased the minimum wage, despite the many critics who said it would shrink the economy and cause unemployment. In...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management