Repeal of the Law for the nationalization of banking system
On December 25, 1990, the Peruvian government repealed the Bank Nationalization Law, reversing the policy of nationalizing the banking system as part of the Fujimori government's liberal economic reforms.
On December 25, 1990, the Peruvian government repealed the Bank Nationalization Law.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 part of a context of liberal economic reforms that characterized the beginning of the Fujimori government.