Peru president-elect says he will keep current central bank director

[naaman fletcher]

LIMA, Peru — Peru’s left-leaning president-elect says he’ll keep at least one member of the current economic team: that’s central bank director Julio Velarde.

Ollanta Humala tells Peru’s Channel 4 television that he’s already asked Velarde to stay on. He said Sunday that he’ll name the rest of his team on Wednesday.


Peru’s markets tumbled immediately after Humala was elected, but businessmen since then have been reassured. Humala says he wants to emulate the market-friendly leftism of Brazil rather than the more belligerent style of Venezuela or Cuba.

http://www.washingtonpost.com/business/economy/peru-president-elect-says-he-will-keep-current-central-bank-director/2011/07/18/gIQA5nQwLI_story.html


A sign the Humala has sold out to the World Bank crowd?