Peru Antonio José de Sucre they defeated the larger Spanish army in the Battle of Junín on 6 August 1824 and the decisive Battle of Ayacucho on 9 December of the same year, consolidating the independence of Peru and Alto Peru. Alto Peru was later established as Bolivia. During the early years of the Republic, endemic struggles for power between military leaders caused political instability. From the 1840s to the 1860s, Peru enjoyed a period of stability under the presidency of Ramón Castilla, through increased state revenues from guano exports. However, by the 1870s, these resources had been depleted, the country
Peru his pardon by President Pedro Pablo Kuczynski in 2017. Even after the president's regime, Fujimori's followers, called "Fujimoristas", have caused political turmoil for any opposing faction in power, even causing Pedro Pablo Kuczynski to resign in March 2018. The sovereign state of Peru is a representative democratic republic divided into 25 regions. It is classified as an emerging market with a high level of human development and an upper middle income level with a poverty rate around 19 percent. It is one of the region's most prosperous economies with an average growth rate of 5.9% and it has one of