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Significance

Peru’s main opposition party, Fuerza Popular (FP), will support the bid by left-wing parties to initiate impeachment proceedings. Kuczynski will argue that political and economic stability will suffer if he is toppled.

Impacts

Reform of the electoral system to limit corporate funding is unlikely to pass the present legislature.

Suspension of major construction projects will stunt GDP growth this year.

The sullied reputation of Peru’s political class will open space in the 2021 elections for those not yet accused of corruption.

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