Peru's new Prime Minister Hector Valer said on Tuesday that he supports amending the country's market-friendly constitution, a campaign promise from President Pedro Castillo, but that the process would take about four years.
"From the executive's side we've been fulfilling what the president promised during the campaign," Valer told reporters, "which is to create a constitution-making moment for a new constitution."
Castillo also named Oscar Graham, an economist with extensive experience in the public sector, to the key finance ministry. Investors have been weary of constitutional change, but redrafting the constitution it has long been a goal of the Peruvian left. But in October he named Vasquez, a moderate prime minister, who helped him fend off an impeachment attempt and win back some confidence from weary investors.
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