Description: Peru’s President, Dina Boluarte, was impeached and ousted by the country’s Congress, following growing crime rate issues, economic decline and widespread public disapproval. Boluarte succeeded former President Pedro Castillo in 2022 who was also ousted for attempting to change the electoral legislature in order to remain in power. Boluarte’s impeachment arrives on the back of mounting pressure from Gen Z protests in the country which stemmed from her decision to raise her personal financial compensation, her lack of action in tackling surging issues such as increased extortion and murder committed by organized criminal gangs, and the high level of unemployment in the country. Boluarte was also connected with numerous personal scandals such as accusations of corruption and extortion and facilitating support for Castillo’s violent dissent on protesters which left more than 50 people dead. Her successor would be the former President of the Congress, Jose Jeri, who would lead an interim government in the next six months. Elections in Peru were scheduled for Apr which would determine the country’s seventh leader in the past 10 years.
Impact: Boluarte’s impeachment plunges the country into additional instability already facing growing economic issues and surging issues with organized criminal groups. The country has been engulfed in revolving political crisis in the past 10 years which has caused deteriorating economic conditions, increased unemployment rates and surging crisis with organized criminal groups. The reconstruction of the government would be a difficult and prolonged process, followed by intense crackdown on violent criminal gangs which could prompt the interim establishment in resorting towards militarized rule and reoccurring leaning towards authoritarianism. Peru’s oil and mining potential is currently locked by the political crisis which would further destabilize the country and dissuade crucial investors from accessing the country’s vital state revenue branches.