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Mercedes Rosalba Aráoz Fernández (born 5 August 1961) is a Peruvian economist, professor, and politician.

Mercedes Aráoz
Mercedes Aráoz Fernández.jpg
Prime Minister of Peru
In office
17 September 2017 – 2 April 2018
PresidentPedro Pablo Kuczynski
Martín Vizcarra
Preceded byFernando Zavala
Succeeded byCésar Villanueva
First Vice President of Peru
In office
23 March 2018 – 1 October 2019
PresidentMartín Vizcarra
Preceded byMartín Vizcarra
Succeeded byVacant
Second Vice President of Peru
In office
28 July 2016 – 23 March 2018
PresidentPedro Pablo Kuczynski
Preceded byOmar Chehade (2012)
Succeeded byVacant
Member of Congress
for Lima
In office
26 July 2016 – 30 September 2019
Minister of Economy and Finance
In office
22 December 2009 – 14 September 2010
Prime MinisterJavier Velásquez
Preceded byLuis Carranza
Succeeded byIsmael Benavides Ferreyros
Minister of Production
In office
11 July 2009 – 21 December 2009
Prime MinisterJavier Velásquez
Preceded byElena Conterno
Succeeded byJosé Nicanor Gonzáles Quijano
Minister of Foreign Trade and Tourism
In office
28 July 2006 – 10 July 2009
Prime MinisterJorge Del Castillo
Yehude Simon
Preceded byAlfredo Ferrero
Succeeded byMartín Pérez
Personal details
Born (1961-08-05) 5 August 1961 (age 58)
Lima, Peru
Political partyIndependent
EducationUniversity of the Pacific
University of Miami

She has been the second Vice President of Peru since the election of President Pedro Pablo Kuczynski in 28 July 2016. After his resignation, she acted as sole Vice President of Martín Vizcarra since 23 March 2018.

Aráoz also served Prime Minister, from 17 September 2017 to 2 April 2018, during Kuczynski's presidency; as well as Minister of Foreign Trade and Tourism from 2006[1] to July 2009,[2] after which she was appointed Peru's finance minister.

In April 2016, Aráoz was elected as Congresswoman for 2016–2021. In June 2016, Pedro Pablo Kuczynski was elected as president of Peru and Aráoz as the second vice president.

On 30 September 2019, the Congress of the Republic of Peru declared the suspension of the presidency of Martín Vizcarra and named Aráoz as acting president of Peru through a disputed process. Government sources said that this suspension is void, as congress had been dissolved hours before by Vizcarra, who replaced Kuczynski as President after the latter's resignation over a corruption scandal in 2018.[3][4] The Peruvian Armed Forces continue to recognize Vizcarra as president of Peru and head of the armed forces.[5] Aráoz resigned as interim president the day after on 1 October 2019.[6]

Early life and educationEdit

Aráoz was born in Lima. She attended to St. Mary's School in Magdalena del Mar, Lima. She studied economics at the University of the Pacific in Lima. Later she obtained a Master in Economics and completed her PhD in Economics at the University of Miami.[7][8] Aráoz is of Argentine and French descent.

Academic careerEdit

She is Principal Professor of International Economy at the University of the Pacific and member of the Research Center. She is also professor at the Diplomatic Academy of Peru.

She has worked as a consultant with a variety of international organizations including the World Bank, the United Nations Conference on Trade and Development (UNCTAD), the Organization of American States (OAS) and the CAF – Development Bank of Latin America.[9]

Minister (2006–2010)Edit

Foreign Trade and Tourism (2006–2009)Edit

On 28 July 2006, Aráoz was named as Minister of Foreign Trade and Tourism.

Production (2009)Edit

On 11 July 2009, Aráoz was named as Minister of Production after leaving the Foreign Trade and Tourism portfolio.

Finance and Economy (2009–2010)Edit

Aráoz agreed to be the presidential candidate of the Peruvian Aprista Party (APRA) for the 2011 presidential elections. However, she withdrew her candidacy on January 16 of that year, and the APRA party did not field any candidate.

Congresswoman and Vice presidentEdit

In the 2016 general election, Aráoz ran with the Peruvians for Change party as candidate both for Congress and for Second Vice President as running mate of Pedro Pablo Kuczynski. She remains an independent within the Party.[10]

ReferencesEdit

  1. ^ "Afirma ministra de Comercio Exterior, Mercedes Aráoz: Correa puede poner en riesgo negociación entre la CAN-UE" (in Spanish). EFE news agency. 28 November 2006.
  2. ^ Quigley, John (22 December 2009). "Peru's Araoz Named Finance Minister as Carranza Quits". Bloomberg.
  3. ^ "Peru's President Dissolves Congress, and Lawmakers Suspend Him". The New York Times. 30 September 2019. Retrieved 1 October 2019.
  4. ^ "Peru's president dissolves Congress to push through anti-corruption reforms". The Guardian. 1 October 2019. ISSN 0261-3077. Retrieved 1 October 2019.
  5. ^ "Peru's Vizcarra scraps Congress as opposition picks new president". Al Jazeera. 1 October 2019. Retrieved 1 October 2019.
  6. ^ "Peru's VP resigns post and role as 'interim president,' calls for new general elections". Reuters. 1 October 2019. Retrieved 2 October 2019.
  7. ^ "Perú.- Alan García designa a Mercedes Aráoz como la primera mujer al frente del Ministerio de Economía" (in Spanish). Finanzas. 22 December 2009.
  8. ^ "Universidad del Pacífico". Archived from the original on 4 May 2010.
  9. ^ [1]
  10. ^ "INFOgob - Observatorio para la Gobernabilidad". INFOgob. Retrieved 23 March 2018.
Political offices
Preceded by
Luis Carranza
Minister of Economy and Finance
2009–2010
Succeeded by
Ismael Benavides Ferreyros
Vacant
Title last held by
Omar Chehade
Second Vice President of Peru
2016–2019
Vacant
Preceded by
Fernando Zavala
Prime Minister of Peru
2017–2018
Succeeded by
César Villanueva