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.
Measures rolled out over the next six months include expanding welfare provisions like pensions, soup kitchens and access to natural gas in homes as well as public works, and investments in mining and agriculture, Contreras said. His former vice president, Dina Boluarte, took his place and declared a state of emergency, giving security forces special powers and limiting freedoms such as the right of assembly.
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