Peru Dismisses Finance Minister Rumors

The Peruvian presidential office has dismissed local press reports that say finance minister Luis Carranza Ugarte will leave his post. “We cannot confirm those rumors. There is not official information [to suggest that,]” says a spokesman, calling the reports unfounded. Peruvian daily “La Republica” reported rumors that Carranza Ugarte had already resigned and would leave his post in July. The paper cited unnamed sources as saying the minister would be replaced by economist Luis Miguel Valdivieso, an advisor in the Asia-Pacific department of the IMF.