IDB: Political reform to strengthen institutions and private investment in Peru

00:00 | Lima, Jun. 13.

The Inter-American Development Bank (IDB) representative in Peru Viviana Caro said that improved institutions will benefit private and foreign investment in Peru.

According to Caro, there is a consensus on the relevance of institutional reforms in the country, as well as a number of regulations on the matter, so institutions will be strengthened if progress is made —in accordance with such regulations— in the three branches of government.

"Institutions is what private and foreign investors see when they arrive in a country," said the multilateral institution's representative when asked about the importance of the political reform in the country and the approval of one of the Executive Branch's proposals by Congress' Constitution Commission.

Political Reform

Peruvian Congress' Constitution Commission continues the discussion on the political reform bills proposed by the Executive Branch.

On Tuesday, this working group approved —by a majority— the political reform on the impediments to run as candidates for public office.

These changes in the Constitution are aimed at guaranteeing greater competence for popularly-elected posts.

Amendments to Article 34 

Article 34-A: "The people, who have guilty verdicts issued in first instance for (having committed) intentional crimes, are forbidden to run for popularly-elected posts, according to the terms established in the law." 

Amendments to Article 39
Likewise, the Constitution Commission made an amendment to Article 39 of the Magna Carta to extend this prohibition for the exercise of public office. 

"People sentenced in first instance for (having committed) intentional crimes are forbidden to hold public office, according to the terms established in the law."

The Executive Branch —in its constitutional reform proposal— had merely suggested this impediment to be imposed on any person who had a guilty verdict in first instance for having committed an intentional crime, which led to a sentence of more than four years. 

This proposal was part of the six bills included in the confidence motion introduced by the Executive Branch. Later, Parliament would deliver the corresponding confidence vote to Prime Minister Salvador del Solar's cabinet.

This decision must be approved at Congress' plenary session in two legislative terms to enter into force for the 2021 elections, as it means a constitutional change.


Published: 6/13/2019
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