Liberty Movement

Liberty Movement (in Spanish: Movimiento Libertad) has been a political party in Peru. It was founded in 1987 by groups opposing the nationalization of the banking sector in 1986. Instead it advocated a free market approach to solving Peru's hyperinflation, which peaked at over 7000%.

Liberty Movement
Movimiento Libertad
AbbreviationML
Founded1987
IdeologyClassical liberalism
Political positionCentre-right

After the fall of the Republic in April 1992, the movement was never dissolved. It still has members in the government in exile and has more than eight million followers in 2021.

Since April 2003, Jose Luis Tapia, Humberto Perez, Fernando Barrios, Myriam Ortiz, and Alberto Mansueti have been carrying on with a number of activities. They chose the name Liberal Party of Peru 2003 because they expelled those who betrayed the Liberty Movement.

Electoral history

Presidential elections

Year Candidate Party / Coalition Votes Percentage Outcome
1990 Mario Vargas Llosa Democratic Front

AP-PPC-ML

1st Round:
2 163 323
1st Round:
32.57
1st Round:
1st
2nd Round:
2 708 291
2nd Round:
37.62
2nd Round:
2nd

Elections to the Congress of the Republic

Year Votes % Seats / Position
1990 1 492 513 30.1%
62 / 180
62 Minority

Elections to the Senate

Year Votes % Seats / Position
1990 1 791 077 32.3%
20 / 62
19 Minority
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