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Georgetown Americas Institute

August 12, 2026

Peru: The Economic Agenda for the New Government

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The Georgetown Americas Institute is pleased to host a conversation with Luis Miguel Castilla, former minister of economy and finance of Peru and former ambassador of Peru to the United States, and Alejandro Werner, GAI founding director, on the economic challenges awaiting Peru’s incoming government. President Keiko Fujimori took office on July 28, 2026 after winning against her opponent with a razor-thin margin of less than 50,000 votes. Inheriting an economy that has shown resilience but continues to face significant structural challenges, the new administration must work to address issues such as weak private investment, persistent political uncertainty, high labor informality, declining productivity, and growing demands for infrastructure and public services have constrained Peru's long-term growth potential. Join us for a timely discussion on the policy priorities, fiscal constraints, and reform agenda that will shape Peru's economic outlook under the Fujimori administration.

Featuring

Luis Miguel Castilla is a Peruvian economist. He was the manager of the Office of Strategic Planning and Development Effectiveness at the Inter-American Development Bank in Washington, DC. He was a visiting scholar at the Massachusetts Institute of Technology and previously served as the Peruvian ambassador to the United States. He was the minister of economy and finance under President Ollanta Humala from 2011 to 2014 and deputy minister of the treasury from 2010 to 2011. He also served as chief economist and corporate director of public policies and competitiveness for CAF – Development Bank of Latin America from 2006 to 2009.

Alejandro Werner is the founding director of the Georgetown Americas Institute and a non-resident senior fellow at the Peterson Institute. He recently completed nearly nine years as director of the Western Hemisphere Department at the International Monetary Fund. Prior to that, he served as undersecretary of finance and public credit in Mexico's Finance Ministry and held several positions there and at the Central Bank. He holds a Ph.D. in economics from MIT and a B.A. in economics from ITAM.