start here

start here

The Daily IKN email digest, get all daily posts sent to you next day (& no ads)

I say things on Twitter

10/29/13

UPDATED: Time for some ministerial musical chairs in Peru

Nothing on the boards yet, but rumours are now rife in Peru that we're about to have a cabinet re-shuffle, with cabinet chief/prime minister Juan Jiménez one of the people about to be given the opportunity to step aside.

The post everyone outside of Peru will be watching, however, is FinMin and whether Luis Miguel Castilla stays at that desk. He was strongly rumoured as on the way out a few months ago, smiled and said he had the full backing of Humala and was happy at the post, and at that time stayed. Considered the neoliberal centre-right bastion in the Humala administration, he's the one (and any eventual replacement) that'll make a difference to the country risk profile.

UPDATE 1: This is now moving fast, with La Republica now saying that they've heard Jiménez has handed in his resignation.

UPDATE 2: Although still unconfirmed, the Jiménez departure is now a given. Well sourced rumour is that the President of the San Martín Region (northern jungle gateway region of Peru), César Villanueva, is going to get the job of Prime Minister and cabinet chief. Mini-update: That now seems confirmed, with serious news source Gestión calling it.

UPDATE 3: Massive rumour now doing the rounds that FinMin Castilla is leaving his post.

UPDATE 4: Jiménez is gone, confirmed. Villanueva is the new PM, confirmed. Jiménez just said on Peru news TV that the decision was made on Monday. What's left to see is who goes with the ex-PM and how many ministers get changed in this cabinet shake-up. The swearing-in ceremony for the new PM has been set for tomorrow evening, which means we'll have all new ministers named and confirmed and sworn in at the same time.