Peru’s Sagasti Picks Veteran Economist for Finance Minister

  • Waldo Mendoza is Peru’s ninth finance minister in five years
  • Sagasti had considered former finance minister Alva for post
Waldo MendozaPhotographer: Seokyong Lee/Bloomberg
Lock
This article is for subscribers only.

Peru’s interim president appointed veteran economist Waldo Mendoza as his finance minister in a bid to shore up investor confidence shaken by political turmoil.

Interim President Francisco Sagasti swore in most of his 19-member ministerial team Wednesday after becoming the country’s third leader in little more than a week.