Open

Coming up

Don't miss

Replay


LATEST SHOWS

WEB NEWS

Web users pay tribute to South Korea ferry victims

Read more

AFRICA NEWS

A landslide victory for the 'invisible candidate' in Algeria's Presidential polls

Read more

THE WORLD THIS WEEK

The World This Week - 18 April 2014

Read more

THE WORLD THIS WEEK

The World This Week - 18 April 2014 (part 2)

Read more

MEDIAWATCH

Presidential adviser resigns over "shoe-shine scandal"

Read more

#THE 51%

Breaking stereotypes

Read more

#TECH 24

Galaxy S5 v. HTC One (M8): Which is the right one for you?

Read more

FRANCE IN FOCUS

New PM Manuel Valls outlines priorities

Read more

FASHION

Jean-Marc Loubier, bags and shoes.

Read more

  • The Great War's unsung four-legged heroes

    Read more

  • Freed French journalists arrive home after Syria ordeal

    Read more

  • French journalist tells of release from captivity in Syria

    Read more

  • Divers begin pulling bodies from sunken South Korean ferry

    Read more

  • Syria’s Assad visits recaptured Christian town at Easter

    Read more

  • UK’s Hamilton cruises to victory at Chinese Grand Prix

    Read more

  • ‘Deadly clashes’ at Eastern Ukraine checkpoint

    Read more

  • In pictures: French kite festival takes flight

    Read more

  • Militants kill Algerian soldiers in deadly ambush

    Read more

  • Scores killed in South Sudan cattle raid

    Read more

  • PSG clinch fourth League Cup title after beating Lyon

    Read more

  • Le Pen’s National Front fail to woo Britain’s Eurosceptics

    Read more

  • VIDEO: Anti-Semitic leaflets in Eastern Ukraine condemned

    Read more

  • In pictures: Good Friday celebrated across the globe

    Read more

  • Bouteflika, the ghost president

    Read more

  • Does Valls’ upcoming Vatican trip violate French secularism?

    Read more

  • Ukraine separatists say ‘not bound’ by Geneva deal

    Read more

  • Abel Ferrara’s hotly awaited DSK film to premiere on web

    Read more

  • Obama signs bill to block controversial Iran diplomat from UN post

    Read more

  • Astronomers discover Earth-like planet that could support life

    Read more

  • In pictures: Iranian woman pardons son’s killer at the gallows

    Read more

Americas

Peru’s new president vows to help the poor

©

Text by News Wires

Latest update : 2011-07-29

Peru’s leftist President Ollanta Humala (pictured) pledged to spread the wealth of the country’s mineral boom to the poor, but also to govern as a moderate in an appeal to the business community at his inauguration Thursday.

REUTERS - Peru's leftist President Ollanta Humala promised on Thursday to ensure the poor take part in the country's economic boom and sought to show investors he will govern as a moderate who has abandoned his radical past.

The former army commander vowed to keep existing free-market economic and trade policies intact while providing a minimum pension for all Peruvians over age 65 and raising the minimum wage.
 
He said social programs will be financed in part by a new tax on the windfall profits of companies in Peru's vast mining sector.
 
"We want the term 'social exclusion' to disappear from our language and lives forever," Humala said in his first speech after being sworn in as leader of one of the world's fastest-growing economies.
 
"Economic growth and social inclusion will march together," said Humala, who has distanced himself from his former mentor, fiery Venezuelan leader Hugo Chavez, to chart what he calls his own path. His economic team will be led by conservative economists.
 
In an acknowledgment his Gana Peru party lacks a majority in Congress, he promised to be conciliatory and seek dialogue to win approval for social programs.
 
But Humala, 49, caused a commotion in Congress by swearing to uphold the constitution of 1979 instead of a revised charter introduced in 1993 by former President Alberto Fujimori, who unilaterally shut down Congress to consolidate power.
 
"Go home now!" shouted legislators from Fujimori's party, the second-largest bloc in Congress after Gana Peru.
 
Humala said the 1979 constitution "is truly an inspiration for liberty and democracy."
 
He has tried to distinguish himself from his predecessor Alan Garcia, who lured billions in investment to Peru but was criticized for leaving a third of Peruvians mired in poverty.
 
Humala won a run-off election on June 5 by narrowly defeating Keiko Fujimori, the daughter of the former president who has been in prison since 2007 for corruption and human rights crimes stemming from a crackdown on insurgents.
 
A poll taken two weeks after Humala was elected showed he had an approval rating of 70 percent and that most voters thought he would pursue moderate policies. His rating later sank to 41 percent, prompting him to appoint business-friendly technocrats to his cabinet.
 
Social conflict and investments
 
Humala said the state must do more to guarantee rural communities share direct benefits from new mining and oil projects and that Peru's natural gas should supply fuel to consumers before being exported.
 
Peru expects $50 billion in investments in natural resources projects over the next decade. But social conflicts between companies and poor towns over pollution, water supplies and profits have delayed investments.
 
Humala has promised to mediate more than 200 conflicts in communities near mines and oil fields. Peru's human rights agency says nearly 100 people have died in the last three years in clashes between protesters and police in rural towns.
 
"Natural resources will be respected and projects conditioned on respect for communities, workers and the environment," he said. "The windfall profits of companies should contribute to the national fight against poverty."
 
In some isolated communities, farmers have turned to planting coca, used to make cocaine. Peru is now the world's top coca grower, according to the United Nations.
 
Humala said he would step up efforts to curb drug trafficking and called on consumer countries to contribute to the effort.
 
"We are going to turn illegal coca growers into participants in the formal economy," he said without providing details.

 

Date created : 2011-07-29

  • PERU

    Peru scraps mining project after deadly clashes

    Read more

  • PERU

    Left-wing Humala wins presidential election

    Read more

  • PERU

    Leftist Humala holds slight lead in early results

    Read more

Comments

COMMENT(S)