Francisco Sagasti

Francisco Rafael Sagasti Hochhausler OSP ( (); born 10 October 1944) is a Peruvian engineer, academic, and author, serving as the President of Peru since 17 November 2020.

Sagasti has worked as an advisor for economic development at the International Development Research Centre, World Bank, UNCSTD and the World Economic Forum. After the 1992 Peruvian constitutional crisis, Sagasti left his position at the World Bank to return to Peru. In 2016, he helped found the centrist Purple Party with Julio Guzmán. Following the dissolution of congress in 2019, he was elected into congress in January 2020, serving from March to November 2020 as a Member of Congress, representing the Lima constituency.

Following the removal of Martín Vizcarra, President of Congress Manuel Merino became President of Peru after a controversial express impeachment due to allegations of "moral incapacity" (a 19th century concept for mental incapacity), considered a covert parliamentary coup by many people. After a week of violent repression of the massive protests Merino resigned as the country's leader and Sagasti was elected by his fellow Congressmen to succeed Merino as president of Congress on the 16th November. The next day Sagasti succeeded him as acting President of Peru. Sagasti is scheduled to conclude the presidential term on 28 July 2021. He would be eligible to seek election for a full term, however the Purple Party nominated Julio Guzmán as their candidate for the 2021 Peruvian general election, with Sagasti on the ticket as Second Vice President.

His government coincided with the development of social conflicts such as the agrarian strike in Ica, Piura and La Libertad and Apurímac, which were resolved after the repeal of the so-called "Chlimper Law" that promoted investment in agriculture through meager labor benefits for workers from the field.His government has called itself a “transitional and emergency government”. Provided by Wikipedia
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