IMF

Timeline Events 2

• Dec. 1, 1987

  Devaluation of the national currency

  The Peruvian government decides to devalue the national currency by an average of 50%. This economic measure takes place in the context of tensions with international financial organizations such as the IMF, which had declared Peru ineligible in August of that year. The devaluation is part of the economic policies …

  Perú Informe CVR, página 136

  #economía #devaluación #política-económica #gobierno-alan-garcia #crisis-económica
• Sept. 1, 1988

  Peru's Economic Adjustment and Protests

  In September 1988, the Peruvian government, led by President Alan García Pérez, announced a series of orthodox economic measures to combat inflation and stabilize the economy. These measures were met with widespread public protests, including a notable 'march of empty pots' on September 22, which was repressed by the police. …

  Peru p. 149

  #Peru #economic adjustment #protests #Alan García #IMF #World Bank