Age, Biography and Wiki
Francisco Sagasti was born on 10 October, 1944 in Lima, Peru, is a President. Discover Francisco Sagasti's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 79 years old?
Popular As |
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Occupation |
N/A |
Age |
80 years old |
Zodiac Sign |
Libra |
Born |
10 October, 1944 |
Birthday |
10 October |
Birthplace |
Lima, Peru |
Nationality |
Peru |
We recommend you to check the complete list of Famous People born on 10 October.
He is a member of famous President with the age 80 years old group.
Francisco Sagasti Height, Weight & Measurements
At 80 years old, Francisco Sagasti height not available right now. We will update Francisco Sagasti's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Height |
Not Available |
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Not Available |
Body Measurements |
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Hair Color |
Not Available |
Who Is Francisco Sagasti's Wife?
His wife is Silvia Cristina de las Mercedes Charpentier Brenes (m. 1993-2005)
Family |
Parents |
Francisco Sagasti Miller
Elsa Hochhäusler Reinisch |
Wife |
Silvia Cristina de las Mercedes Charpentier Brenes (m. 1993-2005) |
Sibling |
Not Available |
Children |
Amanda Sagasti Charpentier (b. 1995) |
Francisco Sagasti Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Francisco Sagasti worth at the age of 80 years old? Francisco Sagasti’s income source is mostly from being a successful President. He is from Peru. We have estimated
Francisco Sagasti's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
President |
Francisco Sagasti Social Network
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Timeline
Sagasti's presidency called itself a “transitional and emergency government”. Originally slated to run for the Second Vice Presidency with the Purple Party ticket for 2021 Peruvian general election, Sagasti quit the ticket in order to commit to his duties as President. His government coincided with the development of social conflicts such as the agrarian strike in Ica, Piura, La Libertad and Apurímac, which were resolved after the repeal of the so-called "Chlimper Law" that promoted investment in agriculture through meager labor benefits for workers from the field. Sagasti concluded the convoluted 2016–2021 presidential term on 28 July 2021, which had been started by Pedro Pablo Kuczynski on 28 July 2016 and had seen four different presidents.
Like preceding presidents, Americas Quarterly wrote that Sagasti faced difficult relations with congress and that he will need to manage the effects of the two governments before him, including holding those responsible for violently responding to protests accountable for their actions. Sagasti attempted to reform the leadership of the National Police due to their use of violence during protests, removing Commander General Orlando Velasco from leading the National Police. Eighteen additional generals of the National Police resigned or were dismissed, with Interior Minister Rubén Vargas resigning following the change to leadership. Five days later Vargas' successor Cluber Aliaga would also resign in disagreement with Sagasti, defending the use of force by police saying that protesters initiated violence. Sagasti was eligible to seek election for a full term, however the Purple Party nominated Julio Guzmán as their candidate for the 2021 Peruvian general election, with Sagasti on the ticket as Second Vice President.
His government set the containment of the COVID-19 Pandemic as axes, for which it managed the purchase of 48 million vaccines from different laboratories; and the holding of the General Elections of 2021, whose schedule has been met as planned. His government coincided with the development of social conflicts such as the agrarian strike in Ica, Piura and La Libertad and Apurímac, which were resolved after the repeal of the so-called "Chlimper Law" that promoted investment in agriculture through meager labor benefits for workers from the field.
On 10 November 2020, following a controversial express impeachment and removal of President Martín Vizcarra by Congress due to allegations of "moral incapacity" (a 19th century concept for mental incapacity), President of Congress Manuel Merino became President of Peru. The impeachment was considered a covert parliamentary coup by many people, and after a less than a week of violent repression of the resulting mass protests, Merino resigned as the country's leader on 15 November. On 16 November, Sagasti was elected by his fellow Congressmen to succeed Merino as president of Congress so that Sagasti could become President of Peru according to the presidential line of succession. On 17 November, Sagasti became acting President of Peru.
Since the founding of the Purple Party in October 2016, Sagasti helped found and served as the ideological leader of the party. Sagasti was elected into the Congress of the Republic of Peru during the 2020 Peruvian snap parliamentary election, assuming office on 16 March 2020.
During the impeachment process of President Martín Vizcarra, he declined to support the process, demanding "that justice follow its course and that it falls with all severity at the end of his term". President Vizcarra was removed from office by congress on 9 November 2020, a move Sagasti disagreed with. Vizcarra's removal was recognized as a coup by many Peruvians, political analysts and media outlets in the country, resulting with the beginning of the 2020 Peruvian protests. The following day on 10 November, as the President of the Peruvian Congress, Manuel Merino became the new president of Peru following the line of succession established in the nation's constitution, forming a far-right government with the support of Peruvian Navy admirals. Protests intensified against Merino until the deaths of two protesters on 14 November, resulting with the immediate resignations of the majority of Merino's ministers. Five days after assuming the presidency, Merino resigned from the presidency as a result of the backlash.
On 16 November 2020, Sagasti was elected by the legislature to be the new President of Congress. Due to vacancies in the position of President and Vice President, he became President of Peru by the line of succession. Upon taking office, he established his four main priorities for his temporary tenure; the management of the COVID-19 pandemic in Peru, combatting corruption within the country, creating a stable economy and the promotion of education to rural areas. Support for Sagasti's presidency was expressed by Chile, the European Union, United Kingdom and the United States.
In the 2010s, Sagasti was a member of the World Economic Forum's Global Strategic Foresight Community.
From 2007 to 2009, he was President of the Board of Directors of the Science and Technology Program (FINCyT) in the Presidency of the Council of Ministers in the administrations of Jorge del Castillo and Yehude Simon Munaro. He was reappointed in the position between December 2011 and March 2013 under the management of Óscar Valdés Dancuart and Juan Jiménez Mayor. From 2009 to 2014, he was principal investigator of FORO Nacional/Internacional, an entity dedicated to promoting debate and consensus on critical issues for national and international development.
He was kidnapped by the Túpac Amaru Revolutionary Movement (MRTA) during the Japanese embassy hostage crisis in 1996. Sagasti was released a few days later and returned to Costa Rica, where he lived with his family. Sagasti, upon being released, brought with him a diary of the events with the signatures of MRTA members.
Sagasti married Costa Rican economist Silvia Charpentier Brenes in 1993, who served as a member of the Legislative Assembly of Costa Rica for the National Liberation Party during their marriage and who would later become the director of the Central Bank of Costa Rica. The two had a daughter and divorced in 2005. Sagasti acquired Costa Rican citizenship through his marriage to Charpentier in 2008.
Sagasti has worked as an advisor for economic development at the International Development Research Centre, World Bank, UNCSTD and the World Economic Forum. After the 1992 Peruvian constitutional crisis, Sagasti left his position at the World Bank to return to Peru. In 2016, he helped found the centrist Purple Party with Julio Guzmán. Following the dissolution of congress in 2019, he was elected into congress in January 2020, serving from March to November 2020 as a Member of Congress, representing the Lima constituency.
In 1992, Sagasti resigned from his position at the World Bank and returned to Peru following the 1992 Peruvian constitutional crisis. He formed the Agenda Peru think tank to formulate plans on how to strengthen democratic norms and deter further political violence in Peru. During this period, he also spread awareness and criticism of the authoritarian government of Alberto Fujimori.
He was Advisor to the Minister of Foreign Affairs, Allan Wagner Tizón from 1985 to 1987 while also being a member of the Advisory Council of the National Planning Institute.
In 1984, he became a member of the United Nations Commission on Science and Technology for Development and served as president of the commission from 1989 to 1990.
The World Bank promoted structural adjustment to Third World countries in order to establish austerity policies in the 1980s, with such policies being reported by UNICEF as being responsible for "reduced health, nutritional and educational levels for tens of millions of children in Asia, Latin America, and Africa". Sagasti was named Chief of the newly-created Strategic Planning Division of the World Bank from 1987 to 1990. He became Senior Advisor to the Policy Evaluation and External Relations Departments at the World Bank in 1990.
From 1978 to 1980, he was Advisor to the Vice President of the International Development Research Centre in Bogotá. Sagasti and two colleagues, Claudio Herzka and Hélan Jaworski, founded Grupo de Análisis para el Desarrollo (GRADE) in 1980. In 1982 he participated as a Fulbright Distinguished Visiting Lecturer at Stanford, Berkeley, UCLA, and Columbia universities.
Sagasti has served numerous advisory roles over the decades. He was appointed as Vice President of the Board of Directors of the Institute of Technological, Industrial Research and Technical Standards of Peru (ITINTEC) from 1972 to 1977. He was also an advisor to the Minister of Industry, Rear Admiral AP Alberto Jiménez de Lucio, during the revolutionary government of the Armed Forces, during which time as an advisor, he contributed to industrialization and technology matters. From the ministry, Sagasti also advised the National Research Council.
Francisco Rafael Sagasti Hochhausler OSP (Spanish pronunciation: [franˈsisko rafaˈel saˈɣasti xoˈxawsler] (listen); born 10 October 1944) is a Peruvian engineer, academic, and author who served as the President of Peru from November 2020 to July 2021.