According to local newspaper El Comercio, the reduction in the size of the state will cost the country at least 900 jobs. This, in turn, will have a negative impact on unemployment and internal demand.
David Suarez, of the Center for Economic and Social Rights (or CDES), tweeted “the announced economic measures reveal that we are taking the path of the sacrifice demanded by the International Monetary Fund (IMF). Austerity continues by the drop. Austerity for us, debt forgiveness for economic groups #ItIsNotTheGovernmentofAll #EconomicMeasures.”