Alejandro Toledo (28 March 1946-) was President of Peru from 28 July 2001 to 28 July 2006, succeeding Valentin Paniagua and preceding Alan Garcia.
Biography[]
Alejandro Toledo was born in Cabana, Peru in 1946, and he worked as a political and economic analyst before founding the liberal Possible Peru party in 1994. He lost the 1995 presidential election, but he was elected in 2001 following Alberto Fujimori's overthrow. Toledo oversaw a macroeconomic boom, an increase in foreign investment, the signing of free trade agreements, and investment in infrastructure and human development. However, his inability to solve all of Peru's problems, an earthquake, labor unrest, and increasing unemployment and static wages resulted in his approval rating falling to 8%. He left office in 2006 and failed in his 2011 and 2016 bids for president. In 2019, he was arrested for money laundering in the United States and was released on bail in 2020, only to be extradited to Peru in April 2023.