Latest news with #Boluarte
Yahoo
04-07-2025
- Business
- Yahoo
'It's a joke': Peruvians outraged after president doubles her salary
By Marco Aquino LIMA (Reuters) -Peruvian President Dina Boluarte will double her salary to the equivalent of some $10,000 per month, angering many Peruvians who said the money would be better spent on alleviating poverty. The economy minister announced late on Wednesday that the salary of Boluarte - whose approval ratings are among the lowest of any leader worldwide - had been increased to 35,568 soles ($10,067), about 30 times higher than Peru's minimum wage. The president's salary had previously been fixed at 15,600 soles ($4,400), a level introduced in 2006 when former President Alan Garcia reduced it from 42,000 soles. The minister said the salary hike had already been approved by the cabinet and should come into effect immediately. The government justified the increase by saying that compared with 12 counterparts across Latin America, her prior pay ranked 11th, above only that of the Bolivian president. Reuters could not determine the accuracy of the government's ranking, but an evaluation by the Rio Times last year showed Latin American presidents' salaries ranging between $3,000 and $22,000, averaging at around $9,600. However, Peruvians that Reuters spoke to were not impressed. "It's a joke," pensioner Rolando Fonseca said outside a newspaper stand in the capital Lima. "There is extreme poverty all over Peru and the president needs to set an example." Peru's economy has rebounded over the past two years, following a recession triggered by anti-government protests early in Boluarte's term. However, poverty rates, which worsened during the COVID-19 pandemic, remain close to 30%. Boluarte is set to finish her term in July 2026, after presidential elections scheduled for next April. "She is about to leave and there is no need for her to increase her salary, she should be helping hospitals and sick children," said Carmen Juarez, a Lima housewife. Boluarte came to power in late 2022 after her predecessor Pedro Castillo was removed and arrested after attempting to dissolve Congress. Her approval ratings hover around 2% to 4%, according to recent polls by Datum and Ipsos Peru. She has faced accusations of corruption, including allegations of illicit enrichment involving Rolex watches. She was also investigated over her role in overseeing the police and military reaction to the anti-government protests, in which over 50 people died. Boluarte, 63, denies any wrongdoing. Repeated efforts to impeach Boluarte have been stymied by conservative political parties that support her. Peru has had six presidents since 2018, and three are currently behind bars. Opposition lawmaker Jaime Quito said he plans to promote an initiative in Congress to annul the pay rise. "This is a mockery to a country that is facing such serious problems," he said. ($1 = 3.5330 soles)
AsiaOne
04-07-2025
- Business
- AsiaOne
'It's a joke': Peruvians outraged after president doubles her salary, World News
LIMA — Peruvian President Dina Boluarte will double her salary to the equivalent of some US$10,000 (S$12,746) per month, angering many Peruvians who said the money would be better spent on alleviating poverty. The economy minister announced late on Wednesday that the salary of Boluarte — whose approval ratings are among the lowest of any leader worldwide — had been increased to 35,568 soles (S$12,776), about 30 times higher than Peru's minimum wage. The president's salary had previously been fixed at 15,600 soles, a level introduced in 2006 when former President Alan Garcia reduced it from 42,000 soles. The minister said the salary hike had already been approved by the cabinet and should come into effect immediately. The government justified the increase by saying that compared with 12 counterparts across Latin America, her prior pay ranked 11th, above only that of the Bolivian president. Reuters could not determine the accuracy of the government's ranking, but an evaluation by the Rio Times last year showed Latin American presidents' salaries ranging between US$3,000 and US$22,000, averaging at around US$9,600. However, Peruvians that Reuters spoke to were not impressed. "It's a joke," pensioner Rolando Fonseca said outside a newspaper stand in the capital Lima. "There is extreme poverty all over Peru and the president needs to set an example." Peru's economy has rebounded over the past two years, following a recession triggered by anti-government protests early in Boluarte's term. However, poverty rates, which worsened during the Covid-19 pandemic, remain close to 30 per cent. Boluarte is set to finish her term in July 2026, after presidential elections scheduled for next April. "She is about to leave and there is no need for her to increase her salary, she should be helping hospitals and sick children," said Carmen Juarez, a Lima housewife. Boluarte came to power in late 2022 after her predecessor Pedro Castillo was removed and arrested after attempting to dissolve Congress. Her approval ratings hover around two per cent to four per cent, according to recent polls by Datum and Ipsos Peru. She has faced accusations of corruption, including allegations of illicit enrichment involving Rolex watches. She was also investigated over her role in overseeing the police and military reaction to the anti-government protests, in which over 50 people died. Boluarte, 63, denies any wrongdoing. Repeated efforts to impeach Boluarte have been stymied by conservative political parties that support her. Peru has had six presidents since 2018, and three are currently behind bars. Opposition lawmaker Jaime Quito said he plans to promote an initiative in Congress to annul the pay rise. "This is a mockery to a country that is facing such serious problems," he said. [[nid:719792]]
The Star
03-07-2025
- Business
- The Star
'It's a joke': Peruvians outraged after president doubles her salary
FILE PHOTO: Peru's President Dina Boluarte attends a meeting with Venezuela's opposition leader Edmundo Gonzalez, in Lima, Peru January 29, 2025. REUTERS/Alessandro Cinque/File Photo LIMA (Reuters) -Peruvian President Dina Boluarte will double her salary to the equivalent of some $10,000 per month, angering many Peruvians who said the money would be better spent on alleviating poverty. The economy minister announced late on Wednesday that the salary of Boluarte - whose approval ratings are among the lowest of any leader worldwide - had been increased to 35,568 soles ($10,067), about 30 times higher than Peru's minimum wage. The president's salary had previously been fixed at 15,600 soles ($4,400), a level introduced in 2006 when former President Alan Garcia reduced it from 42,000 soles. The minister said the salary hike had already been approved by the cabinet and should come into effect immediately. The government justified the increase by saying thatcompared with 12 counterparts across Latin America, her prior pay ranked 11th, above only that of the Bolivian president. Reuters could not determine the accuracy of the government's ranking, but an evaluation by the Rio Times last year showed Latin American presidents' salaries ranging between $3,000 and $22,000, averaging at around $9,600. However, Peruvians that Reuters spoke to were not impressed. "It's a joke," pensioner Rolando Fonseca said outside a newspaper stand in the capital Lima. "There is extreme poverty all over Peru and the president needs to set an example." Peru's economy has rebounded over the past two years, following a recession triggered by anti-government protests early in Boluarte's term. However, poverty rates, which worsened during the COVID-19 pandemic, remain close to 30%. Boluarte is set to finish her term in July 2026, after presidential elections scheduled for next April. "She is about to leave and there is no need for her to increase her salary, she should be helping hospitals and sick children," said Carmen Juarez, a Lima housewife. Boluarte came to power in late 2022 after her predecessor Pedro Castillo was removed and arrested after attempting to dissolve Congress. Her approval ratings hover around 2% to 4%, according to recent polls by Datum and Ipsos Peru. She has faced accusations of corruption, including allegations of illicit enrichment involving Rolex watches. She was also investigated over her role in overseeing the police and military reaction to the anti-government protests, in which over 50 people died. Boluarte, 63, denies any wrongdoing. Repeated efforts to impeach Boluarte have been stymied by conservative political parties that support her. Peru has had six presidents since 2018, and three are currently behind bars. Opposition lawmaker Jaime Quito said he plans to promote an initiative in Congress to annul the pay rise. "This is a mockery to a country that is facing such serious problems," he said. ($1 = 3.5330 soles) (Reporting by Marco Aquino; Writing by Sarah Morland; Editing by Rosalba O'Brien)
Straits Times
03-07-2025
- Business
- Straits Times
'It's a joke': Peruvians outraged after president doubles her salary
Sign up now: Get ST's newsletters delivered to your inbox LIMA - Peruvian President Dina Boluarte will double her salary to the equivalent of some $10,000 per month, angering many Peruvians who said the money would be better spent on alleviating poverty. The economy minister announced late on Wednesday that the salary of Boluarte - whose approval ratings are among the lowest of any leader worldwide - had been increased to 35,568 soles ($10,067), about 30 times higher than Peru's minimum wage. The president's salary had previously been fixed at 15,600 soles ($4,400), a level introduced in 2006 when former President Alan Garcia reduced it from 42,000 soles. The minister said the salary hike had already been approved by the cabinet and should come into effect immediately. The government justified the increase by saying that compared with 12 counterparts across Latin America, her prior pay ranked 11th, above only that of the Bolivian president. Reuters could not determine the accuracy of the government's ranking, but an evaluation by the Rio Times last year showed Latin American presidents' salaries ranging between $3,000 and $22,000, averaging at around $9,600. However, Peruvians that Reuters spoke to were not impressed. "It's a joke," pensioner Rolando Fonseca said outside a newspaper stand in the capital Lima. "There is extreme poverty all over Peru and the president needs to set an example." Top stories Swipe. Select. Stay informed. Singapore Seller's stamp duty rates for private homes raised; holding period increased from 3 years to 4 Singapore 193ha of land off Changi to be reclaimed for aviation park; area reduced to save seagrass meadow Business More Singapore residents met CPF Required Retirement Sum when they turned 55 in 2024 Singapore PAP questions Pritam's interview with Malaysian podcast, WP says PAP opposing for the sake of opposing Sport 'Pedal to the metal' for next 2 years, says Singaporean powerlifter Farhanna Farid Singapore 1 in 4 appeals to waive HDB wait-out period for private home owners approved since Sept 2022 Sport A true fans' player – Liverpool supporters in Singapore pay tribute to late Diogo Jota Singapore Healthcare facility planned for site of Ang Mo Kio Public Library after it moves to AMK Hub Peru's economy has rebounded over the past two years, following a recession triggered by anti-government protests early in Boluarte's term. However, poverty rates, which worsened during the COVID-19 pandemic, remain close to 30%. Boluarte is set to finish her term in July 2026, after presidential elections scheduled for next April. "She is about to leave and there is no need for her to increase her salary, she should be helping hospitals and sick children," said Carmen Juarez, a Lima housewife. Boluarte came to power in late 2022 after her predecessor Pedro Castillo was removed and arrested after attempting to dissolve Congress. Her approval ratings hover around 2% to 4%, according to recent polls by Datum and Ipsos Peru. She has faced accusations of corruption, including allegations of illicit enrichment involving Rolex watches. She was also investigated over her role in overseeing the police and military reaction to the anti-government protests, in which over 50 people died. Boluarte, 63, denies any wrongdoing. Repeated efforts to impeach Boluarte have been stymied by conservative political parties that support her. Peru has had six presidents since 2018, and three are currently behind bars. Opposition lawmaker Jaime Quito said he plans to promote an initiative in Congress to annul the pay rise. "This is a mockery to a country that is facing such serious problems," he said. REUTERS
NDTV
03-07-2025
- Politics
- NDTV
Peru's Unpopular President Dina Boluarte Doubles Her Pay
Peru's highly unpopular President Dina Boluarte has doubled her salary with one year left in her term, the government announced Wednesday. The 63-year-old head of state, who faces protests against an explosion of gang violence in the country, will now receive the equivalent of $10,000 per month, according to an official decree. The statement comes after the presidency denied reports in May saying Boluarte was going to get a pay raise. Economy Minister Raul Perez-Reyes said the new salary figure was determined after a comparison with the salaries of heads of state from twelve Latin American countries. Until the change, Boluarte's salary had ranked 11th, only ahead of that of the Bolivian president. With Boluarte's approval rating hovering around 2 percent in May, the announcement did not go over well. "This is the worst time to announce this news, given her approval ratings are close to zero," economist Jorge Gonzales Izquierdo said on N television. According to former Economy Minister Luis Miguel Castilla, the measure "reinforces the impression of frivolity" surrounding the president. Protests greeted Boluarte's rise to power in December 2022, and have marked her entire term -- joined by assorted scandals, investigations, controversies and a surge in gang violence. She is the target of a dozen probes, including one for her alleged failure to declare gifts of luxury jewels and watches, a scandal inevitably dubbed "Rolexgate."
