Complete database of events related to the internal armed conflict in Peru, extracted from the Final Report of the Truth and Reconciliation Commission (CVR). 5,159 events documented from 1817 to 2003.
The Minister of Economy, Carlos Boloña Behr, publicly accuses former President Alan García Pérez and the Comptroller General of the Republic, Luz Áurea Saenz, of boycotting the economic program implemented by the government with exclusively political interests. Boloña specifically criticized the Comptroller's intentions to enter the National Superintendence of Tax …
The Peruvian government published Legislative Decree 677, which substantially modified the labor participation regime in the country's companies. This norm altered the participation of workers in the profit, management and ownership of the companies. The decree replaced the labor community regime that previously existed. This measure was part of the …
The Peruvian government created a special contribution to finance the Emergency Social Programs. This measure consisted of a one-time levy at a rate of 1% on the ownership of shares and participation in the capital of corporations and companies established in the country. The contribution was implemented in the context …
Supreme Decree 018-91-AG, known as the 'counter-reform', was published, allowing peasant and associative companies to freely decide on the business model that best suited them. This governmental measure sought to reactivate the agrarian sector through a new provision that substantially modified the previous agrarian reform. The decree was part of …
Alberto Fujimori's government issued supreme decrees with the first 14 measures to reform the Peruvian State and foreign trade in March 1991. In April 1991, the government continued to decree measures linked to the so-called structural reform, which included the end of the monopoly of state-owned enterprises, the liberalization of …
President Alberto Fujimori Fujimori announces that the Rio Group will grant a bridge loan of around US$100 million. This announcement comes in the context of the economic reforms implemented by the government, which included measures to reform the Peruvian state and foreign trade. The loan was part of the government's …
The Peruvian government declared the Superintendencia Nacional de Aduanas (SUNAD) under reorganization for a period of 180 days. This measure was part of a set of structural reforms implemented by the government of Alberto Fujimori during 1991. The reorganization of SUNAD was part of the broader process of reforming the …
The government publishes supreme decrees with the first 14 measures to reform the Peruvian State and foreign trade. These measures included provisions referring to the sale of shares in public companies, the lowering of tariffs and the practical elimination of labor stability. The reforms were part of a process of …
The Peruvian government and the International Monetary Fund (IMF) have reached an agreement on the program that the country must follow to achieve its reinsertion into the international financial system. This agreement comes after minister Juan Carlos Hurtado Miller reiterated before the congressional standing committee on January 3 that the …
Minister Juan Carlos Hurtado Miller appeared before the permanent committee of Congress to report on the negotiations with the International Monetary Fund (IMF). In his presentation, the minister reiterated that the negotiating mission with the IMF had not reached a final agreement with the international financial institution. Hurtado Miller explained …
The Executive Branch, in an act described as unprecedented, promulgates and publishes the Annual General Budget Law in the official gazette El Peruano. The government makes observations to 15 of the 313 articles of the law. This act marks a moment of tension between the Executive and the Congress in …
On December 25, 1990, the Peruvian government repealed the Bank Nationalization Law. This measure was part of the economic policies implemented during the government of Alberto Fujimori. The repeal represented a significant change in the country's economic policy, reversing the previous intention to nationalize the banking system. This act was …
On June 14, 1989, the Minister of Economy, César Vásquez Bazán, announced that the Central Reserve Bank (BCR) would raise the passive interest rate that banks and financial companies pay to savers. This economic measure takes place in a context of economic crisis during the government of Alan Garcia Perez. …
President Alan García Pérez announces the start of an economic reactivation program to boost agriculture, industry and construction. This announcement was made in the context of a serious economic and political crisis that the country was going through. The program sought to reactivate key sectors of the Peruvian economy that …
After three years of suspension, the Peruvian government formally resumes dialogue with representatives of private creditor institutions. The meeting was held with 11 representatives of the 200 private creditor institutions of more than US$4 billion. This event is framed in the context of the serious economic crisis that the country …
On March 14, 1989, the permanent commission of the Economic Pact of National Solidarity project was installed at the School of Business Administration (ESAN). This initiative was promoted by the Minister of Economy, Carlos Rivas Dávila, who had previously announced the reorientation of government policies. The first meeting of the …
Minister of Economy Abel Salinas Eyzaguirre announces a second set of economic adjustment measures. These measures come in the context of a serious economic crisis, after the same minister had announced in September the government's decision to initiate contacts with international financial organizations and Peru's return to the IMF and …
On September 23, 1988, Peru returned to the international financial community, explicitly to the IMF and the World Bank. This decision had been announced days before by Minister Abel Salinas Eyzaguirre on September 8, when the government admitted that contacts with international financial organizations would be initiated. The return demanded …
President Alan Garcia Perez publicly admitted that the government was wrong to maintain a consumerist policy for too long. This policy had kept gasoline prices, interest rates and the dollar artificially low. Garcia acknowledged that this economic strategy ended up impoverishing the Peruvian state. This statement came in the context …
On September 8, 1988, in the Senate, Minister Abel Salinas Eyzaguirre announced the government's decision to initiate contacts with international financial organizations. This announcement takes place in a context of severe economic crisis, days after a major food shortage that generated strong public protests. On September 23, Peru formally returned …
On June 23, 1988, the Peruvian government approved four supreme decrees aimed at eradicating contraband in the country. These measures were part of the actions of the government of Alan García Pérez during a period of economic and political crisis. The decrees were issued in the context of the fight …
On March 25, the legislative decree that creates the system of self-managed banks in the country is published, qualifying as such those in which its workers "are direct owners of more than 50% of the shares representing the capital stock". President Alan García Pérez signs the legislative decree that qualifies …
President Alan Garcia Perez unveiled an economic program that he described as a 'war economy', after a long meeting with the so-called economic group made up of ministers, officials and advisors. This program was approved by the Council of Ministers and combined orthodox and heterodox economic measures. The announcement took …
On February 2, 1988, in the absence of the full opposition, the Senate approved to authorize the Executive to issue the necessary legislative decrees to interpret the two articles of the bank nationalization law, which the Executive sent to Parliament for interpretation. This approval came at the end of an …
On January 20, 1988, the Executive Power called an extraordinary session of the legislature to deal with the interpretation of two articles of the law for the nationalization of the banking system and the regionalization of the country. During the session there was a tie vote on the bill for …
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 …
In July 1987, during his message to the country and before Congress on the occasion of the national anniversary, President Alan Garcia Perez proposed nationalizing the banking system. In August, Garcia insisted on his project to nationalize the banks during a rally called by the PAP. After 23 hours of …
In his message to the country and before Congress on the occasion of the national anniversary, President Alan García Pérez proposed nationalizing the banking system. This proposal generated great political controversy and mobilizations both for and against it. In August, the president insisted on his project to nationalize the banks …
The Inter-American Development Bank (IDB) suspended disbursements of approved loans to Peru due to Peruvian arrears. This followed a previous decision by the World Bank (WB), which had also suspended its disbursements for the same reason. The suspension occurred in a context of tensions between the government of Alan Garcia …
President Alan Garcia Perez addressed a message to the nation announcing wage and salary increases as part of an overall economic plan. The plan included national price readjustments and devaluation scheduled for 1987. This announcement came against a backdrop of tensions with the International Monetary Fund, as in August of …
President Alan García Pérez called for a rally on August 16, 1986 to call for unity among all Peruvians. The objective was to defend the country from the same trench against the IMF agreement. This event took place one day after the IMF declared Peru ineligible due to Peru's default …
The International Monetary Fund (IMF) declared Peru ineligible on August 15, 1986. The IMF's decision was taken in view of Peru's default on its financial obligations to the Fund, which up to that day amounted to US$160 million. One day later, on August 16, President Alan Garcia Perez called a …
On February 26, 1986, President Alan Garcia Perez made a strong statement about the International Monetary Fund (IMF). In his statement, Garcia declared that the IMF would no longer come to Peru "to take account of its economy or to put pressure on it". This statement was part of the …
On December 27, 1985, negotiations between the Peruvian government and foreign oil companies culminated. These negotiations took place in the context of President Alan Garcia Perez's decision to terminate the oil operation contracts with Occidental Petroleum Corporation del Peru, Belco Petroleum Company and the Oxy-Bridas Consortium. The government had announced …
President Alan García Pérez announced in Tacna that he will terminate the oil operation contracts entered into with Occidental Petroleum Corporation del Peru, Belco Petroleum Company and the Oxy-Bridas Consortium. The decision was based on the fact that these companies unduly benefited from tax benefits. This measure was part of …
The Peruvian government created the Inti as the country's new monetary unit. This economic measure came into effect on February 1, 1985, during the administration of President Fernando Belaunde Terry. The creation of the Inti was part of the economic policies implemented in a context of economic crisis and political …
The Congress of the Republic approved the General Budget of the Republic for the following year. This approval took place in a complex political and economic context, marked by the terrorist violence of the PCP-SL and the MRTA, as well as by a serious economic crisis. The Minister of Economy …
On March 10, 1983, a 24-hour national strike was held in rejection of the economic policies of Fernando Belaunde Terry's government. This strike was successful and represented the largest work stoppage that had taken place in the two and a half years of the Belaunde government. The protest reflected the …
On March 10, 1983, a 24-hour national strike was held in rejection of the economic policies of Fernando Belaunde Terry's government. This strike was successful and was the largest mobilization that had taken place in the two and a half years of the Belaunde government. The strike showed the generalized …
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