Government resumes dialogue with creditor institutions
On March 21, 1989, the Peruvian government formally resumed the dialogue with 11 representatives of 200 private creditor institutions for more than US$4 billion, after three years of suspension.
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 was going through during the aprista government of Alan García Pérez. The resumption of negotiations with international creditors represented a significant change in the government's economic policy, which had maintained a confrontational stance with the international financial community.