Peru's Congress approves Kuczynski's economic reform package
Peru's Congress voted overwhelmingly to give centrist President Pedro Pablo Kuczynski 90 days to legislate his initial batch of economic reforms, clearing the way for higher corporate taxes and a lower value-added tax rate.
The green light marked an initial victory for Kuczynski in a Congress controlled by the right-wing Popular Force party, which summoned his ministers to defend his proposed policies in several special sessions in recent weeks.
Lawmakers in the single-chamber Congress voted 99-17 in favor of Kuczynski's request for legislative powers to implement his proposed economic... read more
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