Alberto Fujimori Tariffs were radically simplified, the minimum wage was immediately quadrupled, and the government established a $400 million poverty relief fund. The latter seemed to anticipate the economic agony to come: the price of electricity quintupled, water prices rose eightfold, and gasoline prices 3,000%. However, many do not attribute the Fujishock to Fujimori. In the 1980s, the IMF created a plan for South American economies called the Washington Consensus. The document, written by John Williamson in 1990, consists of ten measures that would lead to a healthy economic policy. Under pressure from the International Monetary Fund (IMF), the Peruvian government was
Keiko Fujimori pardon her father. In the first round of the 2011 presidential elections, Fujimori received 23.551% of the votes, second only to Ollanta Humala, who received 31.699% of the votes. Pedro Pablo Kuczynski was third with 18.512%. In the June 5 runoff, she lost to Humala, 51.34% to 48.66%. She is the daughter of former President Alberto Fujimori who is in jail for crimes against humanity. Most recently, accusations have surfaced of connections between drug trafficking and Congressman Joaquín Ramírez, Secretary General of Fuerza Popular, the political party under which Keiko Fujimori is running for president. On Sunday May 15, 2016,