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Peru's governance problems are set to increase

Tuesday, April 2, 2024


The resignations followed police raids on Boluarte’s home in the context of a corruption probe known as ‘Rolexgate’, prompting some legislators to demand her impeachment. The new scandal comes shortly after a package of new constitutional reforms allowing members of Congress to stand for re-election in 2026 either for a restored Senate or the Chamber of Deputies.


  • Boluarte’s impeachment, which would require 87 votes, is unlikely to prosper.
  • Political uncertainties will complicate governance, both prior to and after the 2026 elections.
  • Increased political strains between Lima and the rest of the country are likely.
  • Foreign investors will remain wary of political instability.

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