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6/4/18

Peru FinMin David Tuesta resigns

A black eye for the new Martín Vizcarra administration, as we hear Peru's Minister of Finances, David Tuesta, has resigned. Tuesta was the architect of the recent tax rises in some goods (including fuel) that met with strong protests in the country, particularly in the provinces. Looks like President Vizcarra's honeymoon period is now over.

We're now waiting on official word of Tuesta's resignation, which shouldn't be long in coming. No word on who will replace him as yet.

UPDATE: Now confirmed.