Abel Salinas Izaguirre (May 12, 1930 – August 1, 2012) was a

Peruvian Peruvians (''/peruanas'') are the citizens of Peru. What is now Peru has been inhabited for several millennia by cultures such as the Caral before the Spanish conquest in the 16th century. Peruvian population decreased from an estimated 5–9 ...

politician. In 1985 under

Alan García Alan Gabriel Ludwig García Pérez (; 23 May 1949 – 17 April 2019) was a Peruvian politician who served as President of Peru for two non-consecutive terms from 1985 to 1990 and from 2006 to 2011. He was the second leader of the American Popula ...

's government he served as Interior Minister, and in 1987 as Energy Minister and in 1988 Minister of Economy and Finance. In 1990, he was elected Senator of the Republic, by the APRA Party ticket, and unsuccessfully ran for the Presidency of Peru in the 2000 elections, winning about 1.3% of the vote. He died on August 1, 2012.

Biography

He was born in Supe Puerto on May 12, 1930. He completed his school studies at the Colegio Nuestra Señora de Guadalupe in Lima. Abel Salinas studied Mechanical and Electrical Engineering at the National Engineering University. He also studied Economics at the Pontificia Universidad Católica de Chile. He was director of the National Housing Corporation.

Political career

He was a member of the

Peruvian Aprista Party The Peruvian Aprista Party (, PAP) () is a Peruvian social-democratic political party and a member of the Socialist International. The party was founded as the American Popular Revolutionary Alliance (, APRA) by Víctor Raúl Haya de la Torre ...

from a young age in 1943. In the party, he was Secretary of the Organization of the Aprista Guadalupana Youth (1947) as well as a member of the National Executive Committee, Secretary General of the National Association of Aprista Engineers and Architects. On August 28, 1985, Salinas assumed as Minister of the Interior during the First Government of

, he held the position until June 17, 1987. On June 27, 1987, he was appointed Minister of Energy and Mines by former President

. He resigned from office on September 5, 1988. On September 2, 1988, he was appointed Minister of Economy, the days before his inauguration, the official price of the dollar was 33 intis and the price of the dollar on the street (the so-called "parallel dollar") was 284 intis. Trying to bring the price of the official dollar to the same level as the price of the parallel dollar, the minister gave a "package" that was known as the "Salinazo", in which the Peruvian currency was drastically devalued. From 33 intis per official dollar, 250 intis per official dollar was paid. After that, more "paquetazos" would be applied in his management, trying to give a remedy to the economic crisis.

Death

He died on August 1, 2012.

References

{{DEFAULTSORT:Salinas, Abel 2012 deaths 1930 births Peruvian engineers American Popular Revolutionary Alliance politicians Candidates for President of Peru Ministers of economy and finance of Peru Government ministers of Peru Members of the Senate of Peru