Bedoya Reyes and the Popular Action Party (AP), Fernando
Belaunde Terry; Socialist Left (ISO), Alfonso Barrantes Lingan

Suffrage: universal at age 18

Elections:
President--last held on 10 June 1990 (next to be held April 1995);
results--Alberto Fujimori xx%, Mario Vargas Llosa xx%, others xx%;

Senate--last held on 8 April 1990 (next to be held April 1995);
results--percent of vote by party NA;
seats--(60 total) APRA 32, IU 15, AP 5, others 8;

Chamber of Deputies--last held 8 April 1990 (next to be held April
1995);
results--percent of vote by party NA;
seats--(180 total) APRA 107, IU 48, AP 10, others 15

Communists: Peruvian Communist Party-Unity (PCP-U), pro-Soviet,
2,000; other minor Communist parties

Other political or pressure groups: NA

Member of: Andean Pact, AIOEC, ASSIMER, CCC, CIPEC, FAO, G-77, GATT,
Group of Eight, IADB, IAEA, IATP, IBRD, ICAO, ICO, IDA, IDB--Inter-American
Development Bank, IFAD, IFC, ILO, ILZSG, INTERPOL, IMF, IMO, INTELSAT, ISO, ITU,
IWC--International Wheat Council, LAIA, NAM, OAS, PAHO, SELA, UN, UNESCO, UPU,
WFTU, WHO, WMO, WSG, WTO

Diplomatic representation: Ambassador Cesar G. ATALA; Chancery at
1700 Massachusetts Avenue NW, Washington DC 20036; telephone (202) 833-9860
through 9869); Peruvian Consulates General are located in Chicago, Houston,
Los Angeles, Miami, New York, Paterson (New Jersey), San Francisco, and
San Juan (Puerto Rico);
US--Ambassador Anthony QUAINTON; Embassy at the corner of
Avenida Inca Garcilaso de la Vega and Avenida Espana, Lima (mailing address
is P. O. Box 1995, Lima 1010, or APO Miami 34031); telephone p51o (14) 338-000

Flag: three equal, vertical bands of red (hoist side), white, and red with
the coat of arms centered in the white band; the coat of arms features a shield
bearing a llama, cinchona tree (the source of quinine), and a yellow cornucopia
spilling out gold coins, all framed by a green wreath

- Economy
Overview: The economy is verging on hyperinflation and economic activity
is contracting rapidly. Deficit spending is at the root of domestic economic
problems, but poor relations with international lenders--the result of
curtailing debt payments since 1985--are preventing an inflow of funds to
generate a recovery. Reduced standards of living have increased labor tensions,
and strikes, particularly in the key mining sector, have cut production and
exports. Foreign exchange shortages have forced reductions in vital consumer
im