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
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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.