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
Alberto Fujimori issue appeared to have died down among Peruvians after the Japanese government announced in 2000 that "Fujimori's parents had registered his birth in the Japanese consulate in Lima". Fujimori obtained his early education at the Colegio Nuestra Señora de la Merced and La Rectora. Fujimori's parents were Buddhists, but he was baptised and raised as a Roman Catholic. While he spoke mainly Japanese at home, Fujimori also learned to become a proficient Spanish speaker during his years at school. In 1956, Fujimori graduated from La gran unidad escolar Alfonso Ugarte in Lima. He went on to undergraduate studies at the