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He said Peru needs to recover sovereignty over its natural resources, renegotiate its free trade deals and said he’ll turn the official presidential residence which is named after the Spanish conquistador Francisco Pizarro into a museum.
The speech contrasted with Castillo’s recent attempts to portray himself as a moderate, and the nation’s dollar bonds fell while he spoke. But he also pledged to respect the nation’s economic model and private property, and said the economy needs order and predictability to prosper.
“A government of the people has arrived to govern with the people and for the people,” Castillo said in his inaugural address. “This is the first time that our country has been governed by someone from the rural small farmer class. A person who belongs, as do many Peruvians, to the sectors that have been oppressed for so many centuries.”
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