The Prague Post - Peru picks Balcazar as interim president, eighth leader in a decade

EUR -
AED 4.302421
AFN 72.622037
ALL 95.479197
AMD 435.469993
ANG 2.096521
AOA 1075.268721
ARS 1638.671823
AUD 1.63872
AWG 2.108369
AZN 1.995888
BAM 1.957047
BBD 2.358652
BDT 143.689088
BGN 1.953875
BHD 0.44215
BIF 3475.295227
BMD 1.171316
BND 1.495927
BOB 8.092017
BRL 5.886337
BSD 1.171021
BTN 110.30792
BWP 15.861834
BYN 3.317357
BYR 22957.797927
BZD 2.35525
CAD 1.601511
CDF 2711.597475
CHF 0.920046
CLF 0.026636
CLP 1048.316768
CNY 8.007474
CNH 8.005724
COP 4175.168382
CRC 532.928143
CUC 1.171316
CUP 31.03988
CVE 110.543016
CZK 24.368302
DJF 208.16678
DKK 7.472734
DOP 69.66408
DZD 155.187276
EGP 61.634781
ERN 17.569743
ETB 181.035843
FJD 2.582343
FKP 0.867979
GBP 0.866247
GEL 3.145031
GGP 0.867979
GHS 13.006127
GIP 0.867979
GMD 86.096253
GNF 10281.232635
GTQ 8.952551
GYD 245.000856
HKD 9.176267
HNL 31.118161
HRK 7.533325
HTG 153.315056
HUF 364.712151
IDR 20193.843041
ILS 3.497609
IMP 0.867979
INR 110.284229
IQD 1534.424249
IRR 1542623.463155
ISK 143.802944
JEP 0.867979
JMD 184.811684
JOD 0.83051
JPY 186.772818
KES 151.486777
KGS 102.376791
KHR 4696.978456
KMF 491.953223
KPW 1054.214985
KRW 1729.226299
KWD 0.360496
KYD 0.975905
KZT 543.974945
LAK 25710.391454
LBP 104891.367978
LKR 373.279842
LRD 215.522592
LSL 19.338877
LTL 3.458593
LVL 0.708518
LYD 7.432047
MAD 10.835121
MDL 20.364626
MGA 4865.996166
MKD 61.63796
MMK 2459.60381
MNT 4193.823671
MOP 9.450359
MRU 46.829666
MUR 54.900035
MVR 18.097279
MWK 2033.405363
MXN 20.393729
MYR 4.644314
MZN 74.859262
NAD 19.338872
NGN 1588.750337
NIO 43.096536
NOK 10.925078
NPR 176.492673
NZD 1.993071
OMR 0.450299
PAB 1.171021
PEN 4.0602
PGK 5.08326
PHP 71.069657
PKR 326.458412
PLN 4.243215
PYG 7425.603904
QAR 4.26902
RON 5.088437
RSD 117.405591
RUB 88.140407
RWF 1711.661237
SAR 4.393323
SBD 9.427436
SCR 16.210149
SDG 703.379696
SEK 10.811647
SGD 1.495022
SHP 0.874506
SLE 28.818674
SLL 24561.911
SOS 669.214916
SRD 43.88161
STD 24243.880892
STN 24.515095
SVC 10.246353
SYP 129.503519
SZL 19.338863
THB 37.898527
TJS 11.007878
TMT 4.105463
TND 3.419606
TOP 2.820249
TRY 52.733087
TTD 7.952931
TWD 36.858398
TZS 3048.354715
UAH 51.604377
UGX 4356.682563
USD 1.171316
UYU 46.388761
UZS 14069.723285
VES 565.433842
VND 30874.724263
VUV 138.015999
WST 3.176925
XAF 656.363948
XAG 0.01532
XAU 0.000248
XCD 3.165541
XCG 2.1105
XDR 0.81594
XOF 656.389181
XPF 119.331742
YER 279.505377
ZAR 19.353008
ZMK 10543.255765
ZMW 22.16174
ZWL 377.163345
  • RBGPF

    63.0000

    63

    +100%

  • CMSC

    0.0400

    22.95

    +0.17%

  • RYCEF

    -0.1900

    15.35

    -1.24%

  • BCC

    0.3300

    84.15

    +0.39%

  • BCE

    -0.2200

    23.88

    -0.92%

  • RELX

    0.4000

    36.53

    +1.09%

  • CMSD

    0.0900

    23.32

    +0.39%

  • NGG

    0.4600

    87.42

    +0.53%

  • RIO

    0.7600

    99.61

    +0.76%

  • VOD

    0.0100

    15.63

    +0.06%

  • GSK

    -1.1900

    54.44

    -2.19%

  • BTI

    0.8100

    58.09

    +1.39%

  • BP

    -0.1000

    46.25

    -0.22%

  • JRI

    0.0100

    12.89

    +0.08%

  • AZN

    -2.5500

    189.75

    -1.34%

Peru picks Balcazar as interim president, eighth leader in a decade
Peru picks Balcazar as interim president, eighth leader in a decade / Photo: Connie France - AFP

Peru picks Balcazar as interim president, eighth leader in a decade

Peruvian lawmakers picked Jose Maria Balcazar as the country's new interim president on Wednesday, making him the country's eighth leader in a decade after Jose Jeri was impeached on graft allegations.

Text size:

The left-wing lawmaker was elected head of Peru's Congress after a vote broadcast live on TV, meaning the 83-year-old lawyer and former judge will become Peru's eighth head of state since 2016.

The vote brought to an end a power vacuum of more than 24 hours, unprecedented in the country's recent history.

Balcazar will lead the country until his successor takes office on July 28, after the presidential election on April 12.

Jeri, 39, became the latest leader to fall victim to a cycle of institutional turmoil as a powerful Congress battles a weakened executive against a backdrop of chronic corruption and rising violence.

On Tuesday, he was ousted by lawmakers for suspected involvement in the irregular hiring of several women in his government and alleged graft involving a Chinese businessman.

In a TikTok post Wednesday, Jeri said "serving Peru was, and will remain, an honor."

"It is not easy to resolve in a few months what has been pending for decades, but every step was taken with conviction, responsibility and dedication," he added.

Jeri maintains his innocence, but for ordinary Peruvians, the political upheaval is just a sideshow to their own daily lives becoming increasingly precarious.

"We live in uncertainty," Erick Solorzano, a 29-year-old Peruvian doctor, told AFP, with just two months to go to new presidential elections.

In ten years, four presidents have been impeached, two stepped down to avoid the same fate, and only one managed to complete his intended term.

"Presidents don't last because of corruption," said Edgardo Torres, a 29-year-old industrial engineer.

"We need a true leader in such an unstable country," he told AFP.

- 'No guarantee' -

Jeri himself became interim president following the impeachment last October of Peru's first woman leader, Dina Boluarte, amid widespread protests over corruption and a wave of violence linked to organized crime.

He took up the role with gusto, launching into an iron-fisted anti-crime drive that proved popular in some quarters but not enough to keep his head off the chopping block.

In his TikTok post Wednesday, he touched on the continued need to "strengthen security as the foundation of a country with order and a future."

Prosecutors last week opened an investigation into whether Jeri "exercised undue influence" in government appointments.

He found himself in the spotlight over claims that several women -- nine according to prosecutors -- were improperly given jobs in the president's office and the environment ministry on his watch.

Jeri is also under investigation for alleged "illegal sponsorship of interests" following a secret meeting with a Chinese businessman with commercial ties with the government.

On Tuesday, lawmakers voted overwhelmingly to impeach him.

Three members of Congress alongside Balcazar had thrown their hat in the ring to replace Jeri: former Speaker Maria del Carmen Alva, veteran socialist Edgard Reymundo, and politician Hector Acuna, whose party is tainted by corruption scandals.

While politicians vie for power, Peru is contending with a wave of extortion that has claimed dozens of lives, high levels of post-pandemic poverty and unemployment, and the rise of gangs such as Venezuela's Tren de Aragua.

However, "there is no guarantee that whoever replaces Jeri will be able to make it to July 2026," political analyst Augusto Alvarez told AFP.

S.Danek--TPP