The collapse of the Fujimori administration amidst major corruption scandals raised awareness about the need for Peru to adopt a long-term anti-corruption strategy. However, national anti-corruption efforts have been characterised by a high degree of inconsistency and by the lack of a national anti-corruption policy. Anti-corruption has primarily focused on the offences committed during the Fujimori era and on other high-profile corruption crimes that took place in the past, whereas 'everyday corruption' has not been attacked in the same way. Attempts to combat corruption have been restricted, and many initiatives have proven unsuccessful or have been abandoned. Moreover, President Garcia struggled to deal with a major corruption scandal over oil contracts in October 2008, which forced his entire cabinet to resign. In an effort to restore public confidence in his administration, Garcia appointed Yehude Simon, a leftist regional governor, as the new Prime Minister and stated that his first priority is to fight corruption. Companies continue to identify corruption as a significant constraint on doing business in Peru. Nevertheless, Peru offers an attractive investment environment and the present government is continuing many of the business-friendly policies of previous governments.

Positive developments in relation to corruption and investment:

• Peru has a strong legal framework for fighting corruption.
• The Peruvian government has adopted electronic government contracting and created an Electronic System of Procurement and Contracting for Peru.
• In February 2010, the Peruvian government announced the creation of a new Anti-Corruption Commission, aimed at promoting transparency and deterring corruption.
• The government adopted the Law on Whistleblower Protection in June 2010, meaning that the civil servants who report cases of corruption are in law protected from recrimination or other negative consequences. 

Risks of corruption:

• According to international reports, the enforcement of the law on whistleblowers is not always effective in practice.
• The public institutions granting relevant business licences suffer from widespread corruption and a deficiency in rule of law. Companies continue to complain about excessive red tape and confusion about what licences they need and where to obtain them.
• It is reported that corruption acts as a regressive tax because small companies pay higher bribes and suffer extortion by tax officials more often than medium and large companies do.
• Large-scale corruption in relation to public procurement is very common. Foreign companies report that they frequently pay sizeable sums in bribes to win public contracts.
• Bribery and corruption reportedly occur frequently in connection with resource extraction concessions (logging, mining, and oil), particularly when these concessions are located on protected or Indigenous titled land.