Peru's leftist candidate Sanchez taps former minister to lead economic plan
Peru's leftist presidential candidate Roberto Sanchez has appointed former economy minister Pedro Francke to lead his economic plan ahead of the June runoff election. Sanchez's platform includes a review of resource contracts and a significant increase in the minimum wage, which has raised concerns among investors. He aims to create a more equitable economy while announcing further details of his team and plans in the coming days.
- ▪Roberto Sanchez appointed Pedro Francke to lead his economic plan.
- ▪Sanchez's platform includes a 33% increase in the minimum wage and a review of resource exploitation contracts.
- ▪Sanchez narrowly secured his place in the June 7 runoff election against Keiko Fujimori.
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Peru's leftist candidate Sanchez taps former minister to lead economic planSign up now: Get ST's newsletters delivered to your inboxPublished May 19, 2026, 04:38 AMUpdated May 19, 2026, 04:38 AMLIMA, May 18 - Peru's left-wing presidential candidate Roberto Sanchez, whose platform has unsettled financial markets ahead of a June runoff vote against conservative frontrunner Keiko Fujimori, on Monday appointed a former economy minister from ex-President Pedro Castillo’s administration to lead the team drafting his economic plan.Pedro Francke, considered a moderate economist, is part of a technical team that will focus on a planned review of resource exploitation contracts, a 33% increase in the minimum wage, and a redrafting of the constitution, according to Sanchez's plan.Sanchez on Friday…
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