Viceroyalty of Peru on July 21, 1821. The independence of Peru was proclaimed on July 28, 1821. Viceroy José de la Serna e Hinojosa, still in command of a sizable military force, retired to Jauja, and later to Cusco. On July 26, 1822, San Martín and Simón Bolívar met in Guayaquil to define a strategy for the liberation of the rest of Peru. The meeting was secret, and exactly what occurred is not known. However, afterwards San Martín returned to Argentina while Bolívar prepared to launch an offensive against the remaining royalist forces in Peru and Upper Peru (Bolivia). In September 1823 Bolívar
Peru and the World Bank Peru and the World Bank The World Bank lists Peru as an ‘upper middle income’ country. The Peruvian government has been keen to follow the World Bank's policies for growth. As of September 2018 Peru has $485.44 million in outstanding loans with a mix of 19 different institutions and sectors.The policy reform undertaken by the Peruvian government with the assistance of the World Bank, has stimulated one of the fastest growing economies in Latin America. Peru averaged a growth rate of 6.1% from 2002 – 2013. In 2018, the Work Bank estimated that the Peruvian economy would have one of