Hernando de Soto, appointed President of the Council of Ministers (Prime Minister), is an economist with a well-established international career.
De Soto was born in Arequipa in 1941 and is 84 years old.
Regarding his academic background, he completed university studies at the Université de Genève, where he earned a Demi-Licence in Economic Sciences in 1964.
De Soto pursued postgraduate studies at the Institut Universitaire de Hautes Etudes Internationales, where he obtained a Licence in Economics and International Law.
He is co-author of the book "El Otro Sendero" (The Other Path), written with Enrique Ghersi and Mario Ghibellini, and published in 1986.
The work examines the phenomenon of Peru’s informal economy. It became a commercial success both domestically and abroad, drawing favorable critical reviews.
He is also the author of "El Misterio del Capital" (The Mystery of Capital), published in 2000.
In his professional career, De Soto has advised several presidents in Peru, as well as abroad, and has worked with various international organizations.
He is chairman of the Institute for Liberty and Democracy, a position he has held since 1980 to the present.
In the 2021 General Elections, he ran for President of the Republic representing the political organization Avanza Pais.
De Soto's appointment was announced by the Presidency of the Republic through a public statement on Sunday evening.
The swearing-in of his Cabinet will take place on Tuesday, February 24.
(END) KCO/FGH/MVB
Publicado: 23/2/2026