Meeting called by Alan García on IMF agreement
President Alan Garcia Perez called for a rally on August 16, 1986 to call for national unity in the face of the IMF agreement, which had declared Peru ineligible for US$160 million in arrears.
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 on its financial obligations to the Fund, which up to that day amounted to US$160 million. The rally was part of the García government's strategy of confrontation with the IMF.