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Reuters
Reuters
Business
By Marion Giraldo and Kylie Madry

Peru launches $1.6 billion economic recovery plan after protests

Peru Alex Contreras Pedro Castillo Economy
FILE PHOTO: People sit outside the home and garage of Edgar Prado who died after suffering a fatal gunshot wound on the day of the protests following the ouster of former Peruvian President Pedro Castillo, in Ayacucho, Peru December 20, 2022. REUTERS/Angela Ponce

Peru's finance minister on Thursday announced a $1.55 billion plan to revive the economy, impacted by weeks of protests that have followed the ouster of former President Pedro Castillo.

Alex Contreras said the package, costing 5.9 billion soles and to be financed with extra tax income and funds left over from the 2022 budget, will target regions most affected by the unrest and roadblocks.

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